Isar Aerospace's Spectrum Launch Marks Milestone for Europe;s Space Industry

Dow Jones

09/07

0737 GMT - The launch of Isar Aerospace's Spectrum carrying the German Space Agency's Microlauncher Competition CubeSats marks an important milestone for the European space industry, according to analysts at Berenberg. The launch was continental Europe's first commercial orbital success, they say. However, scaling sovereign launch capability will still take some time, so the most sensible option in the near term is for U.S. providers to bring capability to European territory instead, they note.

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