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Creotech Instruments plans 10-fold production capacity increase and Europe warns of US rocket dependence

Reuters ·

  1. 1Creotech Instruments plans to increase its production capacity by 10 times by 2029.
  2. 2CEO Brona warns that Europe will continue to rely on US rockets to put satellites into orbit.
  3. 3Mentioning Europe's 8 launches out of 324 global orbital launches last year, the CEO says building launch vehicles will take 10 years.

So what's the key point?

Creotech Instruments plans to increase its production by 10 times. It is said that building launch vehicles will take 10 years because Europe may continue to rely on US rockets.

Source Reuters · View original ↗

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