TAMPA, Fla. — The UK Space Agency is providing £3.5 million ($4.3 million) to help Germany’s Rocket Factory Augsburg prepare for its maiden flight next year from SaxaVord Spaceport, located in Scotland’s Shetland Islands. 

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...