Show threadSpaceflight 🚀Sep 30, 2024

While the #EU 🇪🇺 has never had a #SpaceCommissioner, there is a need to zone in on a sector that McKinsey estimates will be worth $1.8 trillion 💰 by 📆 2035. Kubilius' mission letter does not mention any potential big new #SpaceProgram. While #ESA spends billions 💰 on #science and exploration projects, the #EuropeanCommission needs extra cash 💶 to build out #IRIS https://www.politico.eu/article/andrius-kubilius-defense-space-commissioner-budget-european-space-agency-cooperation

#SpacePolitics

Europe launches its first space commissioner straight into a budget scrap

Despite not having much experience on space, Andrius Kubilius is tipped to be running EU rocket and satellite policy.

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