00:00In the end, it all comes down to a single uncomfortable but simple truth.
00:06Europe doesn't have a tech problem. Europe has a speed problem. ESA and European industry
00:12can send probes to comets, build telescopes that find exoplanets and map the entire sky.
00:19Design rovers meant to drill two meters into Mars, operate the world's best navigation system
00:26accurate to the centimeter and much more. What Europe has forgotten is something far more mundane.
00:33Treating rockets like products, not like political monuments. The classic Ariane approach was perfect
00:40for another world. For a world where you launch once a year, take every precaution beforehand and
00:46view mistakes as political disasters. In that world, a launch failure means a committee of inquiry,
00:53a PR crisis, project delays and budget panic. So, instead, you build rockets that are too expensive,
01:00too complex and too perfect and you build them too rarely. But that world no longer exists. Today,
01:05those who win are the ones who fly often, learn fast and factor in failure.
