The European Space Agency has selected five launch vehicle startups to proceed to the next phase of a competition where they could receive contracts for satellite launches and upgraded vehicles.

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The European Space Agency will soon select the finalists for a competition intended to support the development of new launch vehicles by European companies.

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French launch vehicle startup Latitude has signed a deal to expand into a larger factory as the company works towards a first launch as soon as next year.

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French launch vehicle startup Latitude has signed a multi-launch contract with Atmos Space Cargo, a company developing commercial reentry vehicles.

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French launch vehicle startup Latitude has hired an industry veteran as its new chief executive as the company gears up for its first launch.

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Despite stiff competition from SpaceX rideshare services and some high-profile failures, ventures are still pursuing small launch vehicles that they argue can fill niches in the market.

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Latitude, a French company developing a small launch vehicle, has raised $30 million to produce its first rockets as it seeks to increase their capabilities.

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