With only one failure to launch out of over 60, the Ariane 5 is the most reliable launcher into space today. Europe is the world’s leader in commercial satellite launches, ahead of the US and Russia. The space industry is a small but seminal industry with growing competition from private players. How will Europe fare in this highly competitive market? Prof. Dr. Ulrich Walter gives in episode 6 of Spacetime an outlook on Europe's current and upcoming space age.

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