PARIS — The European Space Agency (ESA) awarded $12.4 million in development contracts to two British launch-service startups, both promising operations in 2022, two days after Scotland’s economic development agency concluded that UK spaceports could generate $6.3 billion in launch revenue in the next 10 years.
The two events were not timed to occur in the same week, but they are both part of a movement that is causing major stresses to Europe’s established space-launch sector, already suffering from the rapid changes in the global commercial . . .
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