A rival from France is coming to Elon Musk’s company!

A rival from France is coming to Elon Musks company

According to the news in the French press, French Economy Minister Bruno Le Maire visited the production center of the space company ArianeGroup in the city of Vernon, located in the constituency Eure.

Le Maire, in his statement here, announced that ArianeGroup will produce a reusable rocket launch system in 4 years.

ARIANEGROUP TARGETS 2026

Stating that ArianeGroup lags behind American space companies such as SpaceX, which develops reusable rockets, Le Maire noted that they aim to launch the reusable rocket system to be produced in Europe in 2026.

Le Maire stated that ArianeGroup will also work on the hydrogenic propulsion system in aviation, adding that the company in Vernon will be a center in renewable electricity sources and hydrogen production.

The American company SpaceX, owned by Elon Musk, produced the reusable Falcon 9 rocket in 10 years to launch satellites into space.

(AA)

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