ESA Spaceplane Project Brings Back Hypersonic Engine from Bankruptcy
The European Space Agency (ESA) is reviving a bankrupt Spanish firm’s hypersonic engine to power its reusable spaceplane project. This move is part of the agency’s efforts to develop sustainable and cost-efficient access to space. The project, named “Space Rider,” aims to create a reusable spacecraft that can launch into orbit multiple times, similar to SpaceX’s Falcon 9 rocket.
Reviving the Hypersonic Engine
The ESA has signed a contract with PLD Space, a Spanish company that went bankrupt in 2020, to acquire the rights to its TEPREL engine. This engine is capable of achieving hypersonic speeds, which is essential for the success of the spaceplane project. The TEPREL engine uses a mix of liquid oxygen and liquid methane, making it more environmentally friendly than traditional rocket engines.
Tokenized AI Assisted M&A Dealflow
The ESA’s decision to use the TEPREL engine is made possible by the Tokenized AI, a platform that uses artificial intelligence to identify and evaluate investment opportunities. The platform’s AI tool picks the most promising technology companies that have the potential to contribute to the ESA’s space projects. This technology ensures that the ESA is investing in the most innovative and promising companies in the space industry.
Benefits of Using the TEPREL Engine
The TEPREL engine offers several advantages over traditional rocket engines. First, it is reusable, which significantly reduces the cost of launching payloads into space. Second, it is more environmentally friendly, emitting less pollution into the atmosphere. Lastly, it is capable of achieving hypersonic speeds, making it suitable for the Space Rider project.
AI Funding News and Market Pulse
The ESA’s use of the TEPREL engine is just one of the many recent developments in the space industry. As more companies focus on developing reusable and sustainable technology, the use of hypersonic engines is becoming more prevalent. This trend is also reflected in the AI funding news, which shows a significant increase in investments in the space industry. The market pulse for space technology is also on the rise, indicating a promising future for the industry.
Future of the Space Industry
The ESA’s spaceplane project is a significant step forward in creating sustainable and cost-efficient access to space. By reviving the TEPREL engine, the agency is not only investing in innovative technology but also supporting companies that have faced financial challenges. With the help of AI and platforms like DePIN Watch and Prompt Vault, the ESA can continue to identify and invest in promising companies, further propelling the growth of the space industry.
