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Markus Payer

RFA tests full-scale staged-combustion engine

Paris, 23 June 2021. – Just two seconds: Rocket Factory Augsburg (RFA) successfully tested its full-scale staged combustion engine, the company said. The test was carried out in Kiruna (Sweden). Staged combustion technology is characterized by higher efficiencies and performances compared to traditional rocket engine designs, the company explained.

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EU to invest €9 billion in space between 2021 and 2027

The European Union (EU) will invest nearly €9 billion in European space programs over the period of 2021 to 2027, the European Space Agency (ESA) said. EU and ESA signed a new Financial Framework Partnership Agreement (FFPA), “for ESA and European industry to design new-generation systems and programmes, crucial for the economy and a green and digital Europe”, ESA said.

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Yahsat wants to list 30% at the Abu Dhabi stock exchange

The satellite operator Yahsat, owned by the Abu Dhabi investment fund Mubadala, wants to go public, sell “at least 30%” of its capital and list at the Abu Dhabi Securities Exchange, the company announced. The offering creates an opportunity for investors to participate in the strategic growth of a leading integrated satellite communication services provider, Yahsat said. 

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ESA calls for Europe to join forces and foster its space sector

Europe cannot afford to stay out of human spaceflight if it wants to rank as a global political and economic power, the head of the European Space Agency (ESA) said. “It’s not possible that a political and economic power like Europe cannot fly its own astronauts to space,” Josef Aschbacher, Director General of ESA, said at the Paris Air Forum at Le Bourget yesterday.

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