EIC Horizon prizes: Commission opens competition for a €10 million prize for low-cost space launch

The prize, run as part of the European Innovation Council (EIC) pilot funded under Horizon 2020, the EU’s research and innovation programme, will award €10 million to an innovative, commercially viable and low-cost solution to launch light satellites. It will contribute to the objectives of the Commission’s Space Strategy for Europe, which aims at reinforcing Europe’s autonomy in accessing space and at encouraging the development of the space market.