How a TERRIBLE STUDENT Built a €100M ROCKET COMPANY | Stanislas Maximin @ Latitude

Stanislas Maximin is the founder and Executive Chairman of Latitude, a company valued over €100 million that's putting France back in the orbital launch business after almost 50 years.In this episode of Rockets and Radars, Stanislas shares his journey from being a self-described "terrible student" with a passion for rockets to building a space company. He discusses the challenges of starting with just €25,000, battling established players, rebranding multiple times, and creating a culture of rapid iteration and risk-taking. Stanislas explains Latitude's approach to rocket development, his philosophy on team building, and his bold vision for a European space industry that can compete globally. Want to join Latitude? https://tally.so/r/nrg1B5Want to invest in Latitude? https://tally.so/r/3EAE5qInterested in the joining Stanislas' New Space conference? https://lesassisesdunewspace.org/discover-the-ans-2025/(8-9 July '25, Paris)-----------------------------------------------Chapters:(00:00) - Introduction(03:23) - "I was a terrible student" - Stan's background(05:01) - Why rockets are just really cool(12:42) - Starting from zero in the space world(16:34) - The European space market opportunity(21:13) - Surviving on €25K: The funding journey begins(24:42) - The messy rebranding story(30:25) - Almost running out of money before Series A(35:19) - The drama with Ariane Group and engine testing(40:14) - Leveling up: From Series A to Series B funding(44:24) - Fighting against slow European processes(50:58) - How rocket development actually works(56:24) - Creating a faster company culture(01:05:41) - Making micro-launchers profitable(01:11:15) - The engine test bet(01:16:52) - Can Europe compete in space again?-----------------------------------------------Takeaways:1) You don't need a fancy degree- Stan sucked at school but loved rockets enough to start a company anyway. Passion beats credentials every time.2) Just start somewhere - Stan had "no experience, no knowledge, no skills, no nothing except a vision and a passion." That was enough to begin.3) Your first company name will probably suck - Latitude went through multiple "s*it" names before finding the right one. Don't stress about perfect branding at the start.4) Incubators actually help- Stan joined an incubator and called it "a game changer" for learning startup basics when he had no business experience.5) The first €25K is the hardest- They started with just enough to hire some interns and couldn't even pay themselves for almost two years.6) Move super fast as you grow- "Your ability to build a great product is linked to your ability to improve, to iterate on every part very fast." This becomes even more important as you scale.7) Build your own test facilities- When suppliers and partners slow you down, get control of your testing. "We opened a massive test zone" to move at their own pace.8) Fight against getting corporate- As they grew, processes got "heavier and heavier." Stan had to actively reshape the culture to stay nimble.9) Crazy incentives actually work- Stan bet his team they couldn't test an engine in two weeks, now he needs a tattoo because they delivered faster than expected.10) Know when your role needs to change- Stan recognized when to step back as CEO to focus on vision and strategy where he adds more value to the company.11) Europe needs to dream again - "Europe has stopped believing that tomorrow is going to be better than yesterday" and space companies need to help change that.