ArianeGroup small-launcher spinoff MaïaSpace plans capital raise by early 2023

by Peter B. de Selding

PARIS — Talk about high expectations: When French Economics Minister Bruno Le Maire announced the creation of small-launcher developer MaïaSpace, he said the company’s future reusable rocket ultimately would lead to Europe’s having its own “SpaceX, its own Falcon 9.”

To make that success more likely, he said France needed to abandon its scruples when it comes to subsidizing high-value sectors like space:

In a separate address, Le Maire said the French . . .

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