#Europe should include #Space in #defense budget: ESA Chief
Bloomberg Televisionยท2025-06-22 06:00
Industry Trend - The security and defense sector is an expanding dimension within the space industry [1] - European Space Agency will be further engaged in defense and security upon member states' request [1] - There's increasing activity and requests from member states to invest and develop technology in the defense and space domain in Europe [3] Funding & Investment - Defense budgets may contribute to space program budgets in some countries, potentially within a NATO framework [2] - Funding from ministers of defense can be accounted against NATO thresholds, such as 2%, 3%, or 3.5% [2] - Investing in defense and space is a good way of investing in R&D technology [2]