France 2030 fund surpasses $542M in space investments; latest round is inaugural flights of 4 launcher startups

by Peter B. de Selding

LA PLATA, Maryland — The French government selected four small launcher startups, three companies working on technologies for future satellite constellations and one in-orbit servicing mission in the latest funding round for the multibillion-euro France 2030 Covid recovery program.

Covid 2030, with a total funding of 54 million euros ($58.5 billion), has set aside some 1.5 billion euros for young space ventures. With the new round, it has spent 500 million million in the space sector.

France 2030 is managed by Bruno Le Maire, French minister . . .

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