The first companies have joined ScaleUp Invest, a new ESA commercialisation programme, which aims at accelerating the growth of the private space ecosystem. The companies in order of acceptance are: Isar Aerospace, Rocket Factory Augsburg, Orbex, Aerospacelab, and Space Cargo Unlimited. ScaleUp will support NewSpace developments by stimulating companies to take more risks, hit the market faster, attract private and institutional investors, and introduce game-changing business innovation by providing external support to business development. This could include technical consultancy, access to facilities, in-orbit demonstration and validation opportunities.
