European-Korean Collaboration Brings New Launch Capabilities to the North
- Swedish Space Corporation (SSC) and South Korean rocket company Perigee Aerospace Inc. partner for satellite launches from Esrange Space Center in Sweden starting in 2025
- Perigee’s Blue Whale 1 microlauncher to be the first-ever orbital rocket launched from Esrange
- Esrange serves as a hub for launching sounding rockets, conducting microgravity research, and performing high-altitude balloon experiments
- SSC will offer competitive commercial European orbital launch service with Perigee Aerospace’s Blue Whale 1 rocket
- Blue Whale 1 has the capacity to place up to 440 lbs into a 310-mile sun-synchronous orbit
- Esrange plans to conduct launches all year round, starting with a few per year and increasing gradually
Swedish Space Corporation (SSC) and South Korean rocket company Perigee Aerospace Inc. have entered into a collaborative agreement for satellite launches from Esrange Space Center in northern Sweden starting in 2025. The partnership will utilize Perigee’s Blue Whale 1 microlauncher, the first-ever orbital rocket to be launched from Esrange. Esrange, Europe’s first mainland orbital spaceport, currently serves as a hub for launching sounding rockets and conducting microgravity research. SSC plans to offer competitive commercial European orbital launch services with Perigee Aerospace’s Blue Whale 1 rocket, which has the capacity to place up to 440 lbs into a 310-mile sun-synchronous orbit. Launches will commence all year round, starting with a few per year and increasing gradually.
Factuality Level: 10
Factuality Justification: The article provides accurate and objective information about a collaboration between Swedish Space Corporation (SSC) and South Korean rocket company Perigee Aerospace Inc. to launch satellites from Esrange Space Center in Sweden starting in 2025. It includes quotes from key figures involved in the partnership, details about the Blue Whale 1 microlauncher, and discusses the potential for future growth and development of the spaceport.
Noise Level: 7
Noise Justification: The article provides relevant information about a new partnership between Swedish Space Corporation and Perigee Aerospace Inc. for satellite launches from Esrange Space Center starting in 2025. However, it contains some repetitive information and lacks in-depth analysis or exploration of the consequences of this decision on the space industry or the risks involved.
Public Companies: Swedish Space Corporation (SSC)
Private Companies: Perigee Aerospace Inc.
Key People: Philip Ohlsson (Head of Communications for Swedish Space Corporation), Charlotta Sund (CEO of Swedish Space Corporation), Yoon Shin (CEO and Founder of Perigee Aerospace)
Financial Relevance: Yes
Financial Markets Impacted: Space industry
Financial Rating Justification: The article discusses a collaboration between Swedish Space Corporation and South Korean rocket company Perigee Aerospace to launch satellites from Esrange Space Center in Sweden, which will impact the space industry and potentially affect related financial markets. The partnership aims to offer competitive commercial European orbital launch services, using Perigee Aerospace’s Blue Whale 1 microlauncher. This could influence the demand for satellite launches and the growth of the space market.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.
www.space.com 
