LAMPOLDSHAUSEN, Germany — How important is it for European launcher startups to win selection as part of the European Launcher Challenge (ELC) managed by the 23-nation European Space Agency (ESA)?
Judging from the responses given by eight likely ELC bidders, there is no real consensus about whether being rejected by ELC is “a death sentence,” as one startup put it. It may depend on whether a startup’s current investors — a national government or from the private sector — will be willing to continue to fund development even without . . .
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