Arianespace reports 30% boost in 2021 revenue, to $1.4 billion, on 50% more launches

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PARIS — Europe’s Arianespace launch-service provider reported a 30% increase in revenue, to 1.25 billion euros ($1.4 billion) in 2021 compared to 2020 with 15 completed launches compared to 10 in 2020.

The company said it expected to break even for the year, which has been its long-term goal.

Arianespace gets an annual payment from the European Space Agency (ESA) to help balance its books and offset the fixed costs of maintaining launch facilities.

The company has . . .

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