Tag

European Industry

All articles tagged with #european industry

world6 months ago

Europe Faces Dilemma: Boost Military Industry or Rely on U.S.

European countries are planning to nearly double their military spending over the next decade to boost their defense industries, but they face challenges in developing high-end alternatives to U.S. military technology like the F-35, leading to a strategic debate between building domestic capabilities and maintaining reliance on American technology. A mixed approach is emerging, balancing increased investment with continued dependence on U.S. defense systems, amid concerns about future access to critical software and technology updates.

space-exploration6 months ago

ESA Partners with Blue Origin and Thales to Develop Orbital Reef and LEO Capabilities

The European Space Agency (ESA) has signed an agreement with Thales Alenia Space and Blue Origin to explore the potential use of Blue Origin's Orbital Reef commercial space station for European payloads, astronauts, and hardware contributions, as part of its strategy to maintain a human presence in low Earth orbit after the International Space Station's retirement.

science-and-exploration1 year ago

ESA Partners with Firms for Commercial Space Cargo Service

The European Space Agency (ESA) has signed contracts with The Exploration Company and Thales Alenia Space to develop a commercial cargo return service to and from the International Space Station by 2030. Each company will receive 25 million euros to support their projects, with demonstrations expected by 2028. This initiative aims to enhance Europe's independence in space operations and prepare for the post-ISS era.

technology2 years ago

"ESA's EarthCARE: Six Key Trends in Commercial Earth Observation"

The commercial Earth observation sector is experiencing significant growth within the global space economy, with predictions of continued expansion. Technological advancements and applications in areas such as carbon monitoring and climate risk reporting are on the rise, although still in early stages. Companies are increasingly recognizing the strategic value of Earth observation and engaging in backward vertical integration by partnering with satellite providers. The European Earth observation industry is dominated by SMEs, and strategic directions are being explored to support its growth. Private investment in commercial space has fluctuated but remains substantial. However, barriers such as limited awareness, perceived high prices, and market uncertainty need to be addressed for the European Earth observation market to flourish.