Arianespace trimming launch costs
January 26, 2012
By Chris Forrester
Arianespace believes it can trim those costs for some of its cargoes thanks to a new rocket coming into service.
The Vega rocket system, now being introduced by Arianespace, might cost just $42 million (€32m), which is a considerable saving on current costs, and deliberately pricing itself to match launches by the Russian Proton system (which is marketed by International Launch Services). Vega, in its basic configuration, can handle smaller-to-midsize satellites, up to about 1500-2000 kgs (depending on launch altitude). A test launch is scheduled for February 9th.
Vega’s prime contractor is Italy’s ELV, and Francesco De Pasquale, its CEO, says they can supply the complete rocket to Arianespace for some €25 million. Arianespace then add about €7 million for their launch activity at the Kourou spaceport. But he stressed that these costs could come down if the launch rate reached 4 rockets a year. The European Space Agency is hoping to target cost reductions and to bring prices down to nearer €21 million.
This target is necessary if Europe is to continue being competitive with new rocket-building competition coming from the Ukraine, India and the USA’s SpaceX/Falcon system.
Other posts by :
- Bank: AST SpaceMobile has 2 year head start on Starlink
- SpaceX wraps IPO; 8,000 launches by 2030
- Markets braced for SpaceX IPO
- Former SpaceX exec to build ‘space taxis’
- Eutelsat shares crash despite good news
- Analyst: Years of subs growth ahead for Starlink
- SES CEO: “Multi-orbit is now key”
- More details emerge on SpaceX IPO