The European space sector suffers from chronic institutional under-funding in order to hope to catch up with the other major space powers, China, Russia and the United States, explained Pierre Lionnet, Director of Research at ASD-Eurospace, at a press briefing on Thursday 23 July.
“The annual European budget is €9.3 billion, whereas in the United States the space budget is over €40 billion, and is divided roughly half for the civilian and half for the military, while in Europe the...