https://www.live-feeds.com/feed/spacex-rival-launches-rocket-in-historic-first-says-industry-is-desperate-for-moreContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/spacex-rival-launches-rocket-in-historic-first-says-industry-is-desperate-for-morehttps://www.live-feeds.com/feed/spacex-rival-launches-rocket-in-historic-first-says-industry-is-desperate-for-more#u65406Fri, 11 Sep 2026 19:50:41 +0000A five-year-old European rocket startup secured a 760 million euro contract shortly after raising 450 million dollars to develop its own rocket engine. This follows the company's first successful orbital insertion and payload deployment on its second launch attempt. The firm is the first private European entity to launch a fully commercial orbital rocket from European soil. These developments occur as the company seeks to challenge SpaceX by adopting an architecture similar to the Starship system to meet high industry demand.Why it mattersEuropean aerospace firms are currently competing f https://www.live-feeds.com/feed/spacex-rival-launches-rocket-in-historic-first-says-industry-is-desperate-for-morehttps://www.live-feeds.com/feed/spacex-rival-launches-rocket-in-historic-first-says-industry-is-desperate-for-more#u62557Wed, 09 Sep 2026 09:06:24 +0000German rocket startup Isar Aerospace has successfully reached orbit and deployed payloads for the first time on its second launch. This milestone makes the company the first private entity in Europe to successfully launch a fully commercial orbital rocket from European soil. The successful flight comes as the European space industry experiences heightened demand, with aerospace firms working to capture market share and challenge established competitors like SpaceX. The company claims a substantial business pipeline following the successful orbital insertion.Why it mattersEuropean space endeavo