Europe is pumping hundreds of millions of euros into space startups to reduce the gap with the US European space startups attract a wave of investment of hundreds of millions of euros, while governments and companies are trying to develop alternatives to dominant American players, especially...More ...
A new wave of investment is transforming the space startup industry, with Europe attempting to narrow its distance from the US and its dependence on SpaceX.
European space startups capture hundreds of millions of euros while governments and companies seek to reduce dependency on SpaceX, although private investment, public spending and Europe's launching capacity are still well below US levels.