What's Happening?
The Atlantic Spaceport Consortium (ASC) has obtained a five-year license from Portugal's space authority to build and operate a launch center on Santa Maria Island in the Azores. This development aims to enhance Europe's autonomous access to space, providing a new option for launch companies. The spaceport will focus on small and medium rockets, with operations expected to begin with suborbital launches next year and orbital flights by 2027. ASC plans to raise funds from private investors to support the development, which could cost between €5M and €10M.
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Why It's Important?
The establishment of Portugal's first spaceport is a significant step in strengthening Europe's space capabilities. It offers a strategic location for launching into various orbits, potentially increasing competition and operational resilience in the European space sector. This development could attract investment and innovation, fostering growth in the space industry. It also highlights the importance of expanding launch infrastructure to accommodate the growing demand for satellite launches and other space missions.
What's Next?
ASC is targeting up to four suborbital launches next year, with plans for orbital flights by 2027. The consortium is in discussions with several European launch companies to host future flights, which could lead to increased activity and collaboration in the space sector. The success of the Santa Maria spaceport could pave the way for further developments and investments in space infrastructure across Europe.
