European governments approve $410 million for Ariane 6 rocket, including industry incentive scheme

by Peter B. de Selding

PARIS — European governments freed up promised funding for the heavy-lift Ariane 6 rocket and offered its manufacturers incentives to earn back some of their investment in the project. But a contract guaranteeing orders between 2021 and 2023 has not be concluded.

The funding package of 350 million euros ($410 million) was approved by the European Space Agency (ESA) at a June 13-14 meeting of its ruling council.

The decisions include formal approval by the agency that a second production line for the P120 solid-fueled rocket stage . . .

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