Similar to the Ariane 5 rocket, the latest iteration of this launch system hopes to offer the capability of hauling fairly large satellites to orbit at a reasonable price.

However, it’s not yet clear how much the rocket will ultimately cost per launch. The vehicle cost about 4 billion euros ($432.5 billion USD) to develop, and officials have indicated they hope the per-launch cost will be well under $100 million. In comparison, SpaceX’s Falcon 9 rocket has a base price of $67 million and can carry slightly more tonnage into low-Earth orbit.