PARIS — What’s a micro launch vehicle? It’s a medium-lift rocket that hasn’t yet been mugged by market realities that force it to become larger.

That’s the opinion of launch-service provider Arianespace Chief Executive  Stephane Israel, whose company has to confront the issue starting right now.

Arianespace is the sole operator at Europe’s Guiana Space Center spaceport, situated on French territory on the northeast coast of South America. The center is now trying to attract one or more micro . . .

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