When ESA realized the Ariane 6 business plan would not work, industry promised 11% price cut

by Peter B. de Selding

LAMPOLDSHAUSEN, Germany — The 22-nation European Space Agency (ESA) agreed at its November ministerial summit in Seville that the Ariane 6 industrial team would get up to 340 million euros ($364 million) per year to help cover the costs of production starting with Flight 16 until Flight 42, a period expected to start in 2027.

In return, industry agreed to reduce its Ariane 6 costs by an average 11 percent for these 27 launches.

The Seville agreement remains non-binding until it is confirmed at . . .

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