Zürcher Nachrichten - Europe secures record space budget to boost indepedence

EUR -
AED 4.330578
AFN 75.468553
ALL 95.370831
AMD 434.26718
ANG 2.110613
AOA 1082.496254
ARS 1649.279971
AUD 1.625347
AWG 2.125489
AZN 2.009303
BAM 1.955202
BBD 2.368676
BDT 144.305864
BGN 1.967008
BHD 0.444064
BIF 3500.4294
BMD 1.179189
BND 1.491244
BOB 8.126515
BRL 5.795828
BSD 1.17604
BTN 111.057033
BWP 15.789171
BYN 3.323484
BYR 23112.111202
BZD 2.365277
CAD 1.612129
CDF 2670.864298
CHF 0.916177
CLF 0.026704
CLP 1050.508704
CNY 8.019372
CNH 8.014083
COP 4394.855841
CRC 540.634648
CUC 1.179189
CUP 31.248518
CVE 110.231286
CZK 24.334582
DJF 209.425947
DKK 7.476537
DOP 69.938609
DZD 156.038276
EGP 62.195977
ERN 17.68784
ETB 183.631137
FJD 2.574218
FKP 0.86512
GBP 0.864889
GEL 3.154379
GGP 0.86512
GHS 13.247948
GIP 0.86512
GMD 86.674958
GNF 10318.844
GTQ 8.979254
GYD 246.064742
HKD 9.234999
HNL 31.264438
HRK 7.538916
HTG 153.972908
HUF 353.981307
IDR 20491.303919
ILS 3.421187
IMP 0.86512
INR 111.345548
IQD 1540.628801
IRR 1546506.829043
ISK 143.873347
JEP 0.86512
JMD 185.35331
JOD 0.836092
JPY 184.753623
KES 151.883547
KGS 103.085327
KHR 4718.556838
KMF 492.90156
KPW 1061.270109
KRW 1723.880942
KWD 0.36279
KYD 0.9801
KZT 543.543758
LAK 25791.111834
LBP 105315.489444
LKR 378.634195
LRD 215.803997
LSL 19.293799
LTL 3.48184
LVL 0.71328
LYD 7.436725
MAD 10.75591
MDL 20.110849
MGA 4912.497521
MKD 61.621153
MMK 2475.640798
MNT 4221.622084
MOP 9.4824
MRU 47.006623
MUR 55.210091
MVR 18.163925
MWK 2038.876413
MXN 20.255648
MYR 4.623647
MZN 75.362436
NAD 19.293799
NGN 1609.593864
NIO 43.276764
NOK 10.859513
NPR 177.691653
NZD 1.976185
OMR 0.453611
PAB 1.17604
PEN 4.066156
PGK 5.193412
PHP 71.358689
PKR 327.765953
PLN 4.239717
PYG 7183.802847
QAR 4.298685
RON 5.21945
RSD 117.334114
RUB 87.543025
RWF 1724.072695
SAR 4.44258
SBD 9.456429
SCR 17.539736
SDG 708.107537
SEK 10.86706
SGD 1.494509
SHP 0.880384
SLE 29.067455
SLL 24727.006491
SOS 672.094441
SRD 44.100547
STD 24406.83871
STN 24.492509
SVC 10.290853
SYP 130.395965
SZL 19.281103
THB 37.973479
TJS 10.972544
TMT 4.127163
TND 3.415955
TOP 2.839205
TRY 53.473293
TTD 7.970562
TWD 36.927538
TZS 3063.662984
UAH 51.6595
UGX 4406.652233
USD 1.179189
UYU 46.905654
UZS 14265.63688
VES 588.693738
VND 31022.113342
VUV 138.276182
WST 3.19218
XAF 655.756438
XAG 0.014675
XAU 0.00025
XCD 3.186819
XCG 2.119552
XDR 0.815551
XOF 655.756438
XPF 119.331742
YER 281.384102
ZAR 19.315959
ZMK 10614.123377
ZMW 22.390152
ZWL 379.698489
  • RIO

    2.2700

    105.38

    +2.15%

  • BTI

    0.2000

    58.28

    +0.34%

  • BP

    -0.4700

    43.34

    -1.08%

  • GSK

    -0.0900

    50.41

    -0.18%

  • RELX

    0.0759

    33.58

    +0.23%

  • NGG

    0.9800

    86.89

    +1.13%

  • RYCEF

    -0.4100

    16.37

    -2.5%

  • AZN

    0.3300

    182.85

    +0.18%

  • VOD

    0.5100

    16.2

    +3.15%

  • JRI

    0.0000

    13.15

    0%

  • BCC

    -2.0900

    70.67

    -2.96%

  • BCE

    -0.4300

    24.14

    -1.78%

  • RBGPF

    0.7000

    63.61

    +1.1%

  • CMSC

    0.1400

    23.11

    +0.61%

  • CMSD

    0.1140

    23.534

    +0.48%

Europe secures record space budget to boost indepedence
Europe secures record space budget to boost indepedence / Photo: FOCKE STRANGMANN - 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.

E.Schneyder--NZN