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00:00ESA Aerospace, Rocket Factory Augsburg, PLD Space, Orbex and Mayaspace are a stress test
00:07for whether Europe can learn again to live with uncertainty, deal with failures and iteratively
00:13improve systems. If every failed launch is politically fatal, no one will learn quickly.
00:19The strategy shift is real. Anchor customer model, European launcher challenge,
00:24industry instead of government rockets, competition instead of a monolith, but it is not yet complete.
00:3022 billion euros is a lot politically. Strategically, they are only the price of admission. Spaceflight
00:38today is infrastructure like power grids, ports and fiber optic cables. And you don't build
00:45infrastructure with symbolic politics, fear of mistakes or vanity projects, but with cycles,
00:50speed and industrial brutality. Because only then is there routine, trust and cost reduction,
00:59and true sovereignty.

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