Physics World: European Union unveils new €7.5bn space deal

The European Space Agency (ESA) has unveiled a new space programme following a €7.5bn partnership deal with the European Union (EU). The investment, running from 2021 to 2027, accounts for approximately 20% of ESA’s total budget and will be spent designing new-generation navigation systems and programmes to boost the economy and provide a green and digital Europe. It will also support new initiatives in security and space commercialization, and offer new funding opportunities for entrepreneurship.

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