Ukrainian rocket company Promin Aerospace concludes agreement with spaceport operator in Northern Atlantics

Promin Aerospace is pleased to announce a memorandum of understanding with the Atlantic Spaceport Consortium (ASC).

Promin Aerospace’s key aim is to secure a safe and reliable launch site from which to quickly iterate on its developments and prepare for its product’s commercial phase. By securing a launch partner in ASC, Promin Aerospace will be able to offer prospective customers a credible plan to put their cargo into orbit.

“Cooperation with ASC is an essential step in the development of Promin Aerospace,” says Misha Rudominski, co-founder and CEO. “As a fast-growing company with differentiation in flexibility, we need a partner who can adapt. We see such a partner in ASC. Together we will be able to quickly finalise the proposal to our clients and ensure smooth operations of our rocket.”

For Azores-based ASC, cooperation with Promin Aerospace will provide the opportunity to better hone in on its customer requirements and tailor its services and operations to a new planned rocket.

The Atlantic Spaceport Consortium is developing the capability to operate launch sites on the islands in the Atlantic Ocean. By taking launch sites away from populated areas, ASC will ease the regulatory and logistical burden on launch vehicle providers and their customers. The Consortium will also provide the necessary infrastructure, supporting equipment, and facilities to allow for payload integration and smooth operations of the launchers.

Promin Aerospace’s new rocket offers the ability to launch small payloads into orbit and serve the sub-orbital and orbital launch markets. Thanks to its technology, Promin Aerospace is able to guarantee environmental friendliness and safety to humans of its rocket launches, as almost no rocket