Economy

Relaunching Europe’s space economy

The global space sector is evolving rapidly. No longer limited to scientific missions and Cold War rivalries, it has become a critical arena for commercial innovation, military strategy and geopolitical influence. Satellite launch costs have tumbled, significantly expanding the scope for new space-related applications.

This Blueprint assesses the state of Europe’s space sector, the challenges it faces and how policy could help it in moving forward. It introduces the concept of the new space economy, outlines the major global trends reshaping the sector and analyses the two most important forces driving this transformation: governments and a burgeoning private space sector. Recommendations are offered on how Europe can foster space innovation and support commercialisation, and how it can ensure strategic autonomy in critical space capabilities.

Source : Bruegel

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Finance 4.0 and Finance Transformation Summit

The Finance 4.0 and Finance Transformation Summit is an international gathering of CFOs, finance leaders,…

4 hours ago

Investing in the future: ensuring women-led small businesses can thrive

When we picture engines of economic growth and job creation, we tend to think of…

1 day ago

From Strategic Investment to Tangible Results: Notable examples from the Human Capital Trust Fund

Two-thirds of the income gap between developed and developing countries can be attributed to disparities…

1 day ago

Precious metals retreat from record highs

Precious metal prices declined in 2026Q2 (q/q) after 14 consecutive months of gains through February,…

1 day ago

Microfinance’s promise was oversold, not broken

The Wall Street Journal recently published a sobering account of microfinance's shortcomings, documenting troubling cases…

1 day ago

Hedging interest rate risk when it matters: Evidence from Italian banks

Valuation losses can build quickly in response to higher interest rates, as demonstrated by the…

1 day ago