Business Standard

Sunday, January 19, 2025 | 10:09 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Airbus consortium to develop next generation Ariane 6

Image

AFP Paris
The European Space Agency has tapped Airbus Safran Launchers to build a new-generation Ariane 6 rocket launcher by 2020 for 2.4 billion euros (USD 2.7 billion), ESA said today.

Contracts signed today "cover all development work on Ariane 6 and its launch base for a maiden flight in 2020," ESA said in a statement.

ASL noted that Ariane 6 is slated to reach "full operational capacity" in 2023 under the deal.

ESA also stated that European Launch Vehicle would develop the Vega C launch system for its 2018 debut, at a cost of 395 million euros.

The contract for the Ariane 6 launch base totals 600 million euros, ESA said, adding that the deals were signed by ASL, ELV and the French space agency CNES.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 12 2015 | 6:42 PM IST

Explore News