10 Million € Prize for innovative low-cost space launch solutions for up to Class 4 satellites.
The European Commission aims at stimulating light satellites launchers. The projects should be innovative, implementable, affordable in development and exploitation phases, and commercially viable. The approach should be holistic and produce results beyond (but complementary to) existing solutions. The goal is to enhance European access to space and ensure technological non dependence and thereby provide a strategic and competitive advantages for European companies, SMEs, universities and research organisations.