Germany 

HyImpulse, a German company, achieves groundbreaking success with the launch of SR75, a cost-effective rocket transporting small satellites using innovative solid paraffin and liquid oxygen propulsion. Their achievement marks a significant leap in affordable access to space, signaling Germany's prowess and expanding Europe's reach in space exploration.

HyImpulse, a German company, has achieved a significant milestone in space technology. For the first time, they successfully launched a commercially viable rocket called the SR75 from the Australian launch site in Koonibba. This rocket is designed to transport small satellites weighing up to 250 kilograms to an altitude of about 250 kilometers.

What makes HyImpulse's rockets unique is their innovative propulsion system. Instead of traditional fuels, they use a combination of solid paraffin, similar to candle wax, and liquid oxygen. This design not only cuts costs by 40 percent compared to traditional systems but also makes the rockets safer, as paraffin does not pose the risk of explosion.

Dr. Mario Kobald, one of the co-founders and co-CEOs of HyImpulse, highlighted the significance of this achievement for Germany's space industry. He emphasized that the successful launch demonstrates Germany's capabilities in space exploration and expands Europe's access to space.

Dr. Christian Schmierer, another co-founder and co-CEO, explained that this successful launch validates their technical concept and market readiness. The company's goal is to provide cost-effective transportation for small satellites, enabling various projects such as environmental research, telecommunications, and navigation.

HyImpulse is already planning the launch of a larger rocket called the SL1, scheduled for the end of next year. This multi-stage orbital launch vehicle can carry payloads of up to 600 kilograms to low Earth orbits, further advancing the company's mission of affordable access to space.

Overall, HyImpulse's success marks a significant step forward in the commercial space industry. With their innovative technology and commitment to affordability, they are poised to meet the growing demand for satellite transportation in Europe and beyond.