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The funding will also accelerate the development of HyPrSpace's OB-1 rocket and initiate serial production of its vehicles.
In December 2023, HyPrSpace secured €35 million from the France 2030 initiative.
HyPrSpace was founded in 2019 and is developing a suborbital demonstration rocket called Baguette One, slated for launch in 2026.
The Baguette One rocket will serve as a technology demonstrator to validate HyPrSpace’s hybrid rocket engine for its OB1 rocket.
The agreement with HyPrSpace outlines plans to establish a European re-entry logistics capability aboard future OB-1 orbital missions.
HyPrSpace plans to prepare for the inaugural flight of its OB1 rocket in 2027 following the completion of the Baguette One demonstration.
The non-binding agreement between ATMOS and HyPrSpace is valid for three years.
ATMOS Space Cargo has signed a memorandum of understanding with HyPrSpace to carry out a demonstration mission aboard its Baguette One rocket.
The other launch companies selected alongside MaiaSpace are HyPrSpace, Latitude, and Sirius Space Services.
The meeting included high-ranking officials from Arianespace, Avio, The Exploration Company, HyImpulse, Isar Aerospace, MaiaSpace, Omnidea, Rocket Augsburg - RFA, Sirius Space Services, and HyPrSpace.
HyPrSpace was founded in 2019 by a team of space engineers who developed the OB-1 micro-launcher and its hybrid propulsion technology.
HyPrSpace plans a debut suborbital test launch in 2025 enabled by access to the DGA missile testing site in Gironde.