PARIS — A combination of new competition from U.S.-based Space Exploration Technologies (SpaceX) and an unfavorable euro-dollar exchange rate means European governments may need to increase subsidies for operations of the Ariane 5 heavy-lift launch vehicle at Europe’s Guiana Space Center (CSG) in Kourou, French Guiana. Arianespace Chairman and CEO Stephane Israel said the Evry, France-based company already is taking steps to remain competitive against Hawthorne, Calif.-based SpaceX, ...

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