Hommels: Europe cannot independently launch satellites after Ariane sold capacity
Klaus Hommels · Klaus Hommels: Why "Portfolios are Merely a Construct to Make LPs Happy"? | E1231 · 20VC with Harry Stebbings · Nov 27, 2024 · at 31:13
Klaus Hommels, founder of Lakestar and chair of the NATO Innovation Fund, explains Europe's loss of independent satellite launch capability.
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“Yeah, currently we either we get a slot in a SpaceX, yeah, with all the with all the restrictions that there are, or we have Ariane, but Ariane base lastly sold a hundred percent of the defense transport capacity to Amazon. So basically, as Europeans, we are, for the time being, not able to, you know, send own satellites at our own discretion whenever we want to.”
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