Swedish space company to finalize construction of new spaceport at Esrange space center
Swedish space company (SSC) and the Nordic Investment Bank (NIB) signed a loan agreement of 12 million euros for the finalization of a new spaceport in Esrange Space Center in Kiruna, northern Sweden.
The 12-year loan will finance investments enabling the use of reusable rockets and the possibility of launching small satellites into orbit as early as 2022, making Esrange the EU’s first major orbital launch site.
The € 12 million loan is part of a major modernization of Esrange that has been underway since 2015 – a total investment of around € 50 million. The loan will finance the completion of the construction of a new space capacity, with a view to a first satellite launch in 2022.
The project includes construction work on the new launch site, including integration halls for rockets and satellites, expansion of planned fuel plants, launch pads and surrounding ground-based technical systems, as well as the development of technical support systems in the operational communication center of Esrange.
“This milestone means that Sweden will become a launch state, offering the most modern ground technology possible to European and international satellite owners. This will be of great importance for future research, technological development and the expansion of international collaboration, all to support the sustainable development of life on Earth.“, noted Stefan Gardefjord, CEO of SSC
“With over 50 years of rocket and balloon launch experience, Esrange Space Center is already one of the most active and versatile launch sites in the world. And with the new capacity of the spaceport, it will most likely become the first launch site on the European continent to provide a platform for space companies to develop their next generation rocket technologies and launch their satellites.“, noted Philippe Påhlsson, New Esrange Project Manager at SSC.