By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Watch the video: European space industry – boom or bust?
Share
Notification Show More
Latest News
Danube Properties appoints Brett Lee as global ambassador to amplify international presence
Business
Amazon is closing its physical Amazon Go and Amazon Fresh stores
Technology
Djokovic stuns Sinner to set up Australian Open final with Alcaraz
Sports
UAE President, Iranian counterpart discuss bilateral relations
Gulf
Olympic dream ‘not over’, Vonn says after crash
Sports
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > World > Watch the video: European space industry – boom or bust?
World

Watch the video: European space industry – boom or bust?

News Room
Last updated: 2026/01/30 at 5:50 PM
News Room
Share
5 Min Read
SHARE

The European Union is accelerating its investment in space infrastructure, aiming to become a more significant player in the global space race. While currently trailing the United States and China in terms of satellite deployment and ambitious missions, the EU is building out key programs like Copernicus, Galileo, and GOVSATCOM to enhance its strategic autonomy and technological capabilities. This push comes as space is increasingly recognized as a critical domain for both civilian and military applications.

Recent developments highlight the EU’s commitment to establishing a stronger presence in space. These initiatives are designed to secure independent access to vital services like navigation, Earth observation, and secure communications, reducing reliance on foreign systems. However, challenges remain in matching the speed and scale of innovation seen in the US and China.

The EU’s Expanding Space Programs

Copernicus, Europe’s Earth observation program, provides crucial data for weather forecasting, environmental monitoring, and disaster response. According to the European Commission, Copernicus data is already integrated into numerous applications used daily by citizens and businesses. Galileo, the EU’s global navigation satellite system, offers precise positioning and timing services, competing with the US’s GPS.

Additionally, GOVSATCOM focuses on secure satellite communications for government and military use, protecting sensitive information from cyber threats. This is particularly important given the increasing frequency of geopolitical tensions and the vulnerability of existing communication networks. The development of GOVSATCOM underscores the EU’s growing awareness of the need for independent security capabilities.

Catching Up to Global Leaders

Despite these advancements, the EU faces a considerable gap in satellite constellation size compared to competitors like SpaceX’s Starlink. Starlink currently boasts thousands of satellites in low Earth orbit, providing global broadband internet access. The EU’s planned alternative, IRIS², is not expected to be operational until 2029, putting it significantly behind.

One key obstacle is access to capital. European pension funds have been hesitant to invest in the high-risk, high-reward space sector, unlike the venture capital environment in Silicon Valley. This funding gap hinders the ability of European space companies to rapidly innovate and scale their operations. The lack of readily available investment is a significant impediment to accelerating the space race efforts.

Meanwhile, China is aggressively pursuing lunar missions and expanding its space-based infrastructure. The country’s ambitious space program is driven by substantial government investment and a long-term strategic vision. This contrasts with the EU’s more incremental approach, often hampered by bureaucratic processes and differing national priorities.

Strategic Autonomy and the Future of European Space

The EU’s push for greater independence in space is driven by a desire for strategic autonomy. This concept, gaining traction in Brussels, emphasizes the need for the EU to be able to act independently on the world stage, without relying on other powers. Space-based assets are considered essential for achieving this goal.

However, achieving true autonomy requires not only technological advancements but also a shift in mindset and investment strategies. The EU needs to foster a more dynamic and competitive space ecosystem, attracting private capital and streamlining regulatory processes. The European Space Agency (ESA) plays a crucial role in coordinating research and development efforts, but greater collaboration between member states and the private sector is essential.

The space sector is evolving rapidly, with new technologies like reusable rockets and small satellites transforming the landscape. The EU must adapt to these changes and embrace innovation to remain competitive. The development of IRIS² is a critical step, but it is only one piece of the puzzle. Continued investment in research, infrastructure, and talent will be vital for ensuring that Europe can be “seen from space” in the years to come. The future of the space race will depend on the EU’s ability to overcome these challenges and realize its ambitions.

Looking ahead, the EU’s success in the space race will hinge on its ability to accelerate innovation, attract investment, and foster greater collaboration. Monitoring the progress of IRIS² and the implementation of the EU’s space strategy will be key indicators of its commitment to becoming a major space power. Stay informed about the latest developments in European space policy and the evolving dynamics of the global space sector.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room January 30, 2026
Share this Article
Facebook Twitter Copy Link Print
Previous Article Qatar Customs participates in World Customs Organization Technology Conference and Exhibition
Next Article Olympic dream ‘not over’, Vonn says after crash
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Danube Properties appoints Brett Lee as global ambassador to amplify international presence
Business January 30, 2026
Amazon is closing its physical Amazon Go and Amazon Fresh stores
Technology January 30, 2026
Djokovic stuns Sinner to set up Australian Open final with Alcaraz
Sports January 30, 2026
UAE President, Iranian counterpart discuss bilateral relations
Gulf January 30, 2026

You Might also Like

World

Danish MEP Dahl backs Rutte’s view on EU defence dependence on US

January 29, 2026
World

France, Spain signal support to blacklist Iran’s Revolutionary Guard

January 29, 2026
World

Free trade or fair play? MEPs go head-to-head on Mercosur in The Ring

January 28, 2026
World

EU can’t replace Starlink yet, but is on right track, says Kubilius

January 28, 2026
World

Don’t shoot the messenger, Mark Rutte is right — for now

January 28, 2026
World

Shift in EU-US relations is ‘structural, not temporary’, Kallas warns

January 28, 2026
World

Newsletter: Costa backs ‘cooperation over confrontation’

January 28, 2026
World

Watch the video: Should social media be banned for children?

January 28, 2026
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?