EU to get serious about its space ventures; will plough in more money in order to keep up with Chinese, US ambitions
4 years, 6 months ago

EU to get serious about its space ventures; will plough in more money in order to keep up with Chinese, US ambitions

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The EU budget will be used to support new technology to launch rockets, including reusable ones, said European Commissioner Thierry Breton. “Space is one of Europe’s strong points, and we’re giving ourselves the means to speed up,” European Commissioner Thierry Breton, whose brief includes the space sector, told Reuters in an interview. Breton, the former French head of IT company Atos, said that for the first time, the EU budget will be used to support new technology to launch rockets, including reusable ones. Breton, who hopes the European Commission will provide 16 billion euros for space in its next budget, said he would propose a 1 billion euro European Space Fund to boost startups.

History of this topic

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2 years, 1 month ago
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