European space startup financing: A cornucopia of government programs to complement private sector

by Peter B. de Selding

PARIS — European government mechanisms targeting the space sector with grants, loans and co-funding look ready to more than compensate for 2023’s decline in fundraising among space startups after four years of sharp growth, according to data compiled by the European Space Policy Institute (ESPI).

In addition to increased focus on space by the 27-nation European Commission and the 22-nation European Space Agency (ESA), national governments have stepped with a surprising focus on space in their Recovery and Resilience Facility (RRF) programs . . .

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