EU must boost spending in space or be squeezed out: experts

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Apart from established players like the US, EU also faces competition from emerging competitors like China, India, Iran and Singapore.

The EU needs to boost space funding and improve its strategy to compete with military superpowers and smaller upstarts, a panel of experts told MEPs on Tuesday.

The experts highlighted the increasing willingness of major powers to move the military to the centre of their space strategy. Although the experts said the EU was taking its first timid steps towards a common defence structure, the bloc's funding was dwarfed by the US. Claeys said there had been some progress but called for a"larger harmonisation" of views to create a cohesive EU effort.

 

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