By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > ESA aims to send astronauts to Moon on European rocket
News

ESA aims to send astronauts to Moon on European rocket

News Room
Last updated: 2023/06/05 at 9:14 AM
By News Room
Share
5 Min Read
SHARE

The European Space Agency is drawing up proposals to develop spacecraft over the next decade that could fly ESA astronauts into orbit and to the Moon, according to its director-general Josef Aschbacher.

Speaking to the Financial Times ahead of the FT Investing in Space summit in London, Aschbacher said developing an independent human launch capability was crucial for Europe to catch up in a rapidly evolving global race to space. 

“What is happening in the US, China and India is quite impressive,” he said. “If you step back and see where Europe stands globally, you see that Europe has not engaged at the same level. I see so many opportunities, some of them lost opportunities.” 

A recent independent report commissioned by ESA on human and robotic exploration of space found that more than 100 lunar missions before 2030 had been announced, by both national space agencies and private companies. “At present, Europe is only leading two of them,” it stated.

The report noted that Europe had no independent human launch capacity and relied on non-European partners to send people into space, “which is threatening its future as a credible actor in space”.

At present, ESA is working as a junior partner with the US space agency Nasa on lunar exploration projects. “There is no timetable agreed [with Nasa] on when a European astronaut will be on the moon,” said Aschbacher, “but my hope is that we can achieve this before the end of the decade.”

ESA’s programme to develop a spacecraft capable of carrying European astronauts to low-earth orbit and beyond could improve the way in which Europe manages space procurement, Aschbacher said.

Nasa’s decision in the early 2000s to buy cargo transportation services from the private sector, rather than developing its own vehicles, was the driver behind the rise of Elon Musk’s SpaceX, which is now the dominant launch provider. “That is exactly the model we are discussing,” he said. 

The Ariane 6 test model at Europe’s Spaceport in French Guiana © ESA/Stephane Corvaja

ESA was preparing “different scenarios and different cost estimates” to present to a meeting of member-state ministers in November. A decision whether to go ahead with a fully funded programme will be made next year.

The agency, which is independent of the EU but acts as its procurement agency, includes non-EU member states such as the UK and Switzerland. “We certainly will have enough elements on the table for politicians to give us clear guidance on how Europe wants to proceed,” Aschbacher said. 

However, Europe is still struggling to resolve a crisis over existing satellite launch capability after losing access to Soyuz rockets following Russia’s full-scale invasion of Ukraine. Its Ariane 5 rocket, which in April launched Europe’s €1.6bn Juice spacecraft on a mission to Jupiter’s icy moons, is due to make its last flight this month, while the successor Ariane 6 has been subject to years of delay. The new Vega C rocket is grounded pending an investigation into a failed mission last year.

But Aschbacher said Europe already had many of the building blocks required to develop its own human launch capability within the next decade. 

ESA astronauts Tim Peake, Meganne Christian, John McFall — the world’s first para-astronaut — and Rosemary Coogan
ESA astronauts, from left, Tim Peake, Meganne Christian, John McFall — the world’s first para-astronaut — and Rosemary Coogan © Joel Saget/AFP/Getty Images

These included the European service module, which provides electricity, water and oxygen to Nasa’s Orion spacecraft that will send astronauts to the moon. Europe also has the automated transport vehicle that hauls cargo to the International Space Station in low-earth orbit every year.

While Ariane 6 could eventually be upgraded to have a human launch capability, this was not a given. “Other vehicles could be developed” in the same way that Nasa’s strategy had encouraged the emergence of SpaceX, he said.

In November, ESA unveiled 17 new members of its astronaut corps — including the world’s first disabled para-astronaut — at a ministerial summit in Paris, which agreed to raise spending by 17 per cent to €16.9bn over the next five years.

Read the full article here

News Room June 5, 2023 June 5, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
When one Powell closes, another Warsh opens

Watch full video on YouTube

Arm Releases First Ever AI Chip, With Meta As Initial Customer

Watch full video on YouTube

John Hancock Bond Fund Q1 2026 Commentary

A company of Manulife Investment Management, John Hancock Investment Management serves investors…

Yahoo Finance Live: Daily Market Coverage – May 15, 2026 3PM – 5PM (ET)

Watch full video on YouTube

How Lego is beating the toy industry

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

John Hancock Bond Fund Q1 2026 Commentary

By News Room
News

SABA Vs. BRW: I Like Them Both, But Prefer SABA Now (NYSE:SABA)

By News Room
News

The power struggle in the world’s narrow seas

By News Room
News

Zoom Communications, Inc. 2027 Q1 – Results – Earnings Call Presentation (NASDAQ:ZM) 2026-05-22

By News Room
News

Takeda Pharmaceutical Company Limited (TAK) Q4 FY2025 Earnings Call Transcript

By News Room
News

Osotspa Public Company Limited 2026 Q1 – Results – Earnings Call Presentation (OTCMKTS:OSOPF) 2026-05-19

By News Room
News

Fidelity International Small Cap Fund Q1 2026 Commentary (FISMX)

By News Room
News

Equinor ASA (EQNR) Shareholder/Analyst Call Prepared Remarks Transcript

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?