The Fort Worth Press - Europe secures record space budget to boost indepedence

USD -
AED 3.672498
AFN 64.999569
ALL 79.909372
AMD 363.121433
ANG 1.790365
AOA 916.99973
ARS 1510.012401
AUD 1.405254
AWG 1.8025
AZN 1.702241
BAM 1.704327
BBD 2.01464
BDT 122.835606
BGN 1.683441
BHD 0.377064
BIF 3009.018429
BMD 1
BND 1.276173
BOB 10.177334
BRL 5.124744
BSD 1.000218
BTN 95.907804
BWP 13.564551
BYN 3.040739
BYR 19600
BZD 2.011764
CAD 1.399185
CDF 2311.000253
CHF 0.824635
CLF 0.024327
CLP 960.569477
CNY 6.70755
CNH 6.70283
COP 3168.44
CRC 447.475056
CUC 1
CUP 26.5
CVE 96.087316
CZK 21.181025
DJF 178.1186
DKK 6.51288
DOP 59.247963
DZD 133.643993
EGP 52.126798
ERN 15
ETB 163.385299
EUR 0.871201
FJD 2.216402
FKP 0.743677
GBP 0.748515
GEL 2.604973
GGP 0.743677
GHS 11.513224
GIP 0.743677
GMD 73.99997
GNF 8792.750403
GTQ 7.631911
GYD 209.23707
HKD 7.84615
HNL 26.84676
HRK 6.565502
HTG 130.719296
HUF 316.17903
IDR 17764
ILS 3.033885
IMP 0.743677
INR 95.79945
IQD 1310.356847
IRR 1374575.000093
ISK 121.450237
JEP 0.743677
JMD 157.849331
JOD 0.708983
JPY 156.16402
KES 129.710237
KGS 87.450211
KHR 4073.541585
KMF 427.999756
KPW 900.000318
KRW 1381.339786
KWD 0.30849
KYD 0.833602
KZT 445.566642
LAK 22403.381116
LBP 89573.439066
LKR 331.758965
LRD 173.543636
LSL 16.294628
LTL 2.95274
LVL 0.60489
LYD 6.353536
MAD 9.527689
MDL 17.560019
MGA 4344.037297
MKD 53.614222
MMK 2099.664815
MNT 3596.851201
MOP 8.083046
MRU 40.070585
MUR 47.659988
MVR 15.44993
MWK 1734.477801
MXN 17.163498
MYR 4.097504
MZN 63.901128
NAD 16.294628
NGN 1331.030212
NIO 36.805646
NOK 9.42083
NPR 153.452137
NZD 1.74668
OMR 0.384474
PAB 1.000218
PEN 3.376846
PGK 4.449963
PHP 62.714996
PKR 277.24744
PLN 3.79638
PYG 5916.95351
QAR 3.646116
RON 4.584598
RSD 102.237002
RUB 84.500386
RWF 1475.926975
SAR 3.706579
SBD 8.000512
SCR 13.820972
SDG 601.498294
SEK 9.82258
SGD 1.275835
SHP 0.746965
SLE 24.639836
SLL 20969.491881
SOS 571.652651
SRD 37.746498
STD 20697.981008
STN 21.347972
SVC 8.75256
SYP 13002.000254
SZL 16.288615
THB 33.259585
TJS 9.227397
TMT 3.5
TND 2.942443
TOP 2.40776
TRY 48.7861
TTD 6.790989
TWD 31.866898
TZS 2649.111042
UAH 44.698183
UGX 3930.983399
UYU 40.216113
UZS 11778.136029
VES 845.45495
VND 26012
VUV 118.307083
WST 2.742913
XAF 571.470489
XAG 0.015281
XAU 0.00023
XCD 2.70255
XCG 1.80271
XDR 0.707052
XOF 571.470489
XPF 103.925755
YER 236.65041
ZAR 16.260105
ZMK 9001.199678
ZMW 19.630517
ZWL 321.999592
SSP 5658.175743
MXV 1.945984
  • RYCEF

    0.5200

    19.81

    +2.62%

  • CMSC

    0.1900

    20.67

    +0.92%

  • RBGPF

    0.0000

    69.99

    0%

  • BTI

    -0.0700

    56.02

    -0.12%

  • NGG

    1.5700

    77.6

    +2.02%

  • BP

    0.0400

    45.42

    +0.09%

  • GSK

    0.7700

    51.06

    +1.51%

  • AZN

    3.2500

    166.14

    +1.96%

  • RIO

    2.2500

    98.04

    +2.29%

  • BCE

    -0.2200

    22.28

    -0.99%

  • VOD

    0.0600

    17.52

    +0.34%

  • BCC

    0.2200

    75.53

    +0.29%

  • JRI

    0.1100

    11.61

    +0.95%

  • RELX

    0.1100

    34.38

    +0.32%

  • CMSD

    0.1600

    20.45

    +0.78%

Europe secures record space budget to boost indepedence
Europe secures record space budget to boost indepedence / Photo: © AFP

Europe secures record space budget to boost indepedence

The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes for the next three years, as the continent seeks greater independence in space.

Text size:

The ESA also approved a plan to bolster security and defence cooperation and laid out future plans for scientific space missions at a ministerial council meeting in the German city of Bremen.

The agency's 23 member states committed five billion euros more than 2022's budget, with the total representing almost all of the 22.2-billion-euro ($25.7 billion) funding sought by the agency.

"This has never happened before," ESA director general Josef Aschbacher told the meeting. "You have written history."

Ahead of the meeting, experts had expected a budget of around 20 billion euros.

The new pledges demonstrate that space is an "economic sector that is growing very fast," Aschbacher emphasised.

"It is also more and more important for security and defence, and it is a domain where Europe has to catch up," he added.

At the heart of the discussions in Bremen was the European Resilience from Space programme, which includes Earth observation, navigation and telecommunications.

The programme, with an estimated 1.35-billion-euro budget, has both civilian and military applications and aims to strengthen European security.

Germany was the biggest contributor to the total budget with more than five billion euros, while France put in 3.7 billion euros.

- Rockets and telescopes -

The space industry has changed significantly in recent years as billionaire Elon Musk's SpaceX has risen to dominate the space launch sector.

Europe meanwhile lost an independent way to launch its projects into space after Russia pulled its rockets following Moscow's invasion of Ukraine in 2022.

After repeated delays, Europe's new heavy lift Ariane 6 rocket finally blasted off last year. However the rocket is not reusable, unlike SpaceX's Falcon 9 workhorse.

So the ESA is planning to contract out the job of developing the continent's first reusable rocket, having named a shortlist of potential companies.

In Bremen, the European Launcher Challenge received more than 900 million euros in contributions -- twice what had been proposed, Aschbacher said.

The funding boost for the ESA comes as US space agency NASA faces stiff budget cuts under President Donald Trump.

However, the ESA said this week that NASA has confirmed it will contribute to Europe's Martian rover Rosalind Franklin. The mission is scheduled to launch in 2028 aiming to probe the surface of Mars for signs of extraterrestrial life.

Among the scientific projects the ESA has proposed for the future -- but have not yet been approved -- is the first space-based laser observatory called LISA aimed at studying gravitational waves, which are ripples in spacetime first predicted by Albert Einstein.

Another is the X-ray telescope NewAthena, which would study extreme events in the universe such as supermassive black holes.

There is also a plan to send a spacecraft to Saturn's moon Enceladus, which scientists suspect could have a liquid ocean under its icy shell that might even have the ability to host life.

The ESA also has a joint proposal with Japan to send a spacecraft called Ramses to study the asteroid Apophis as it zings past Earth in 2029, hoping to learn more about how to fend off dangerous space rocks in the future.

L.Rodriguez--TFWP