About Rocket Factory Augsburg

Rocket Factory Augsburg was founded in 2018 by Jörn Spurmann and Stefan Brieschenk, investor Hans Steininger and German aerospace company OHB SE. The start-up's goal is to develop a launch vehicle prototype by the end of 2022 that can transport satellites to low-Earth orbits on a weekly basis at unrivaled prices. Rocket Factory is aiming for exponential growth in the booming New Space market. The start-up's goal is to combine maximum performance with extremely cost-effective manufacturing processes and design principles. The experts plan the concept of the rocket from the perspective of the satellites and the customers: Rocket Factory will precisely launch satellites into the desired orbits using a unique orbital stage. The launcher will thus provide an end-to-end delivery service for the last mile. The launcher combines three key competitive advantages: a highly cost-effective architecture, precise in-orbit delivery and superior propulsion technology. The startup employs a team of 85 (as of February 2021) New Space experts from 25 different countries in Augsburg, Germany, who have previous experience in other launcher projects.

For further information, please visit: www.rfa.space

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OHB SE published this content on 31 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2021 18:18:01 UTC.