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A French-led consortium said Tuesday it has received funding for its project to develop an innovative low-cost small rocket called “Baguette One” and launch it into space.<\/p>\n
HyPrSpace along with a joint venture of Italian defense firm Leonardo and French IT firm Thales, and CT Engineering are pursuing the 35-million-euro ($38-million) project that aims to demonstrate a new type of rocket engine.<\/p>\n
They said Tuesday they had received funding from France 2030, a French government fund that invests in innovative technologies.<\/p>\n
The amount of the funding was not specified, but according to the business newspaper La Lettre it is 21 million euros, or 60 percent of the total cost.<\/p>\n
Baguette One should take flight in the beginning of 2026 and aims to put small satellites up to 250 kilograms into orbit.<\/p>\n
HyPrSpace had already received support from the France 2030 fund to develop its hybrid rocket engine that combines both liquid and solid fuels and which doesn’t need a turbo pump, a complex and expensive piece of equipment.<\/p>\n
The solid fuel component can use recycled polyethylene, a common plastic, according to HyPrSpace.<\/p>\n
“This disruptive innovation in space propulsion will permit cheaper access to space that better respects the environment,” the firms said in a statement.<\/p>\n
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\n\t\t\t\t\t\t\t\t\t\t\t\tFrench ‘Baguette One’ rocket project gets funding (2023, December 12)
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