Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Europe's space sector seeks to boost commercialisation

Europe's space sector seeks to boost commercialisation

As Europe's space leaders meet virtually in Brussels at the new European Space Forum, Euronews explores how the sector is making a big push to become more business-minded.

“Supporting startups is a huge priority” for the European Space Agency (ESA), according to its Director General Josef Aschbacher, as the agency seeks to compete in an increasingly crowded and dynamic sector where Europe has been accused of lagging behind.

Speaking to Euronews, Aschbacher explained how ESA has created a new directorate for commercialisation, industrial policy and procurement, headed by space strategy specialist Géraldine Naja.

The goal is to make Europe fertile ground for what is termed 'New Space' operators, a catch-all phrase for companies taking advantage of existing and emerging space technologies to build wholly commercial businesses.

For Aschbacher, there is no time to lose, as he sees the commercial space sector in the United States taking the lead in launch services, but also areas which are traditionally strong for Europe, such as Earth observation.

He says a priority for his tenure is to “encourage people to take more risks, be faster in implementing projects, and to help them both through faster action on the side of ESA”.

Although the move is welcomed by the space sector, Olivier Lemaitre, Secretary General of industry body ASD-Eurospace, warns that we're not going to see a 'European SpaceX' anytime soon.

Space budgets in Europe are fragmented across countries and six times smaller than in the US, he tells Euronews. "Some public powers forget this reality, thinking we can do as well as the USA with six times less money," he says.

The pro-business messages from ESA come as the European Commission's own space operation, called the European Union Agency for the Space Programme, begins to spread its wings.

The recently-created EUSPA is tasked with maximising the benefits of the European Commission-funded space projects such as the Galileo navigation system, the Copernicus earth observation network, and the EGNOS positioning and navigation tool.

These two organisations, ESA, and EUSPA, both say they are focused on encouraging a 'globally competitive' European space sector. Which begs the question - do we actually really need both of them in parallel?

"It's a good question," replies Aschbacher, "But today they are working certainly in a very complex and complementary manner". He stresses that the role of ESA is to develop the technical side of new satellite technologies and launchers, while the European Commission has the political clout to get big projects like Galileo off the ground.

What remains an open question however, is whether Europe, with ESA and EUSPA, can create the kind of innovative and flexible environment that can foster the emergence of major new commercial players.

What's the future for Coperncius?


Another key topic of debate at the European Space Forum will be the future of Copernicus. Established in 2014, 'Copernicus provides Europe with a continuous, independent and reliable access to satellite Earth Observation data and information.

Simonetta Cheli, soon to become director of Earth Observation at ESA, sings the praises of this constellation of satellites, telling Euronews: "We have eight satellites working flawlessly, we have 400,000 users registered and 250 terabytes of data are downloaded every day."

However she admits that the programme is facing funding difficulties as a result of “high level political considerations” related to Brexit (the UK is an active ESA member, but no longer in the EU), with a €750 million shortfall in funding that she is confident will be overcome soon. Lemaitre from ASD-Eurospace also believes that the financing issue can be overcome. "We need to see goodwill on both sides and if we give each other enough time then it could move forwards," he says.

A Copernicus image shows lava flowing from a volcano on La Palma in September this year


Looking ahead, Cheli explains that the Copernicus programme will be focused on issues such as Arctic monitoring and CO2 emissions observations, both crucial in a post-COP26 political environment.

However private companies are competing with Copernicus in high-resolution Earth imaging, and Cheli says that current thinking inside ESA suggests that finding ways to integrate these commercial initiatives into the Copernicus systems in a mutually-beneficial way is one of the favoured ways forward.

Lemaitre again flags a tendency to over-spin the business potential of Copernicus, which he says was initially designed to offer high quality data to public bodies and scientific institutions.

He believes there is strong economic potential in the Earth observation field, but that barriers exist to access the data and there is a need for powerful AI and high performance computing technologies to take best advantage of the information gathered by the Copernicus Sentinel satellite fleet.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
When the State Replaces the Parent: How Gender Policy Is Redefining Custody and Coercion
Larry Summers, the former U.S. Treasury Secretary, is resigning from Harvard University as fallout continues over his ties to Jeffrey Epstein.
U.S. stocks ended higher on Wednesday, with the Dow gaining about six-tenths of a percent, the S&P 500 adding eight-tenths of a percent, and the tech-heavy Nasdaq climbing roughly one-and-a-quarter percent.
Nvidia posted better than expected results for the January quarter on Wednesday and forecast current quarter revenue above market estimates.
Ukrainian government intensifies pressure on Hungary and Slovakia with oil blockade
Britain’s Channel Crisis: Paying Billions While the Boats Keep Coming
Woman Receives Gift Card for Christmas – Discovers It Is ‘Worth’ 63,000,000,000,000,000 Pounds
United Nations Calls for Global Action Against Disinformation and Hate Speech Online
Tucker Carlson warns of an inevitable clash in Western societies over mass migration
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
Italy's PM Giorgia Meloni highlights record employment and economic growth
Chancellor Friedrich Merz Re-elected as CDU Leader, Opposes AfD Influence
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
Two teens arrested in France for alleged terror plot.
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Former President Yoon Suk Yeol Sentenced to Life in Prison for Abuse of Authority
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
German Chancellor Friedrich Merz calls for real name use on social media.
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
Heineken announces cut of 6,000 jobs due to declining beer demand
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
×