LAMPOLDSHAUSEN, Germany — The 22-nation European Space Agency (ESA) agreed at its November ministerial summit in Seville that the Ariane 6 industrial team would get up to 340 million euros ($364 million) per year to help cover the costs of production starting with Flight 16 until Flight 42, a period expected to start in 2027.
In return, industry agreed to reduce its Ariane 6 costs by an average 11 percent for these 27 launches.
The Seville agreement remains non-binding until it is confirmed at . . .
To view the entire article, become a subscriber!