Airbus and Safran are teaming to propose a new family of space launch vehicles to serve both commercial and institutional needs, according to a joint company statement. The companies will create a 50-50 joint venture with Airbus supplying its expertise in launch vehicles and Safran supplying propulsion systems. The goal is to accelerate the Ariane 5 Midlife Evolution (ME) launcher as a logical evolution of Ariane 5, including an improved upper stage based on the Vinci engine and further develop…
