EU sets €10M prize for cheap rockets

The challenge is to develop a European technologically non-dependent solution for launching light satellites into Low-Earth Orbit (LEO), which will enable dedicated low-cost launches with committed schedule and orbit. The solution needs to be innovative, implementable, affordable in development and exploitation phases, and commercially viable.


The prize is part of the European Innovation Council pilot and will award €10 million to a commercially viable and affordable launcher for light satellites.

Closing date, June 1, 2021.

More information can be found here