European ministers approve new Ariane 6 rocket

December 2, 2014 5:53 PM

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LUXEMBOURG (Reuters) - European nations approved funding for a new Ariane 6 space rocket on Tuesday, pooling their resources in a single, simplified version to tackle growing international competition.

The new, lower-cost rocket will replace the current Ariane 5 from its first launch in 2020, French Research Minister Genevieve Fioraso said after ministerial talks in Luxembourg.

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