London Daily

Focus on the big picture.
Saturday, Aug 22, 2026

Europe's space sector seeks to boost commercialisation

Europe's space sector seeks to boost commercialisation

As Europe's space leaders meet virtually in Brussels at the new European Space Forum, Euronews explores how the sector is making a big push to become more business-minded.

“Supporting startups is a huge priority” for the European Space Agency (ESA), according to its Director General Josef Aschbacher, as the agency seeks to compete in an increasingly crowded and dynamic sector where Europe has been accused of lagging behind.

Speaking to Euronews, Aschbacher explained how ESA has created a new directorate for commercialisation, industrial policy and procurement, headed by space strategy specialist Géraldine Naja.

The goal is to make Europe fertile ground for what is termed 'New Space' operators, a catch-all phrase for companies taking advantage of existing and emerging space technologies to build wholly commercial businesses.

For Aschbacher, there is no time to lose, as he sees the commercial space sector in the United States taking the lead in launch services, but also areas which are traditionally strong for Europe, such as Earth observation.

He says a priority for his tenure is to “encourage people to take more risks, be faster in implementing projects, and to help them both through faster action on the side of ESA”.

Although the move is welcomed by the space sector, Olivier Lemaitre, Secretary General of industry body ASD-Eurospace, warns that we're not going to see a 'European SpaceX' anytime soon.

Space budgets in Europe are fragmented across countries and six times smaller than in the US, he tells Euronews. "Some public powers forget this reality, thinking we can do as well as the USA with six times less money," he says.

The pro-business messages from ESA come as the European Commission's own space operation, called the European Union Agency for the Space Programme, begins to spread its wings.

The recently-created EUSPA is tasked with maximising the benefits of the European Commission-funded space projects such as the Galileo navigation system, the Copernicus earth observation network, and the EGNOS positioning and navigation tool.

These two organisations, ESA, and EUSPA, both say they are focused on encouraging a 'globally competitive' European space sector. Which begs the question - do we actually really need both of them in parallel?

"It's a good question," replies Aschbacher, "But today they are working certainly in a very complex and complementary manner". He stresses that the role of ESA is to develop the technical side of new satellite technologies and launchers, while the European Commission has the political clout to get big projects like Galileo off the ground.

What remains an open question however, is whether Europe, with ESA and EUSPA, can create the kind of innovative and flexible environment that can foster the emergence of major new commercial players.

What's the future for Coperncius?


Another key topic of debate at the European Space Forum will be the future of Copernicus. Established in 2014, 'Copernicus provides Europe with a continuous, independent and reliable access to satellite Earth Observation data and information.

Simonetta Cheli, soon to become director of Earth Observation at ESA, sings the praises of this constellation of satellites, telling Euronews: "We have eight satellites working flawlessly, we have 400,000 users registered and 250 terabytes of data are downloaded every day."

However she admits that the programme is facing funding difficulties as a result of “high level political considerations” related to Brexit (the UK is an active ESA member, but no longer in the EU), with a €750 million shortfall in funding that she is confident will be overcome soon. Lemaitre from ASD-Eurospace also believes that the financing issue can be overcome. "We need to see goodwill on both sides and if we give each other enough time then it could move forwards," he says.

A Copernicus image shows lava flowing from a volcano on La Palma in September this year


Looking ahead, Cheli explains that the Copernicus programme will be focused on issues such as Arctic monitoring and CO2 emissions observations, both crucial in a post-COP26 political environment.

However private companies are competing with Copernicus in high-resolution Earth imaging, and Cheli says that current thinking inside ESA suggests that finding ways to integrate these commercial initiatives into the Copernicus systems in a mutually-beneficial way is one of the favoured ways forward.

Lemaitre again flags a tendency to over-spin the business potential of Copernicus, which he says was initially designed to offer high quality data to public bodies and scientific institutions.

He believes there is strong economic potential in the Earth observation field, but that barriers exist to access the data and there is a need for powerful AI and high performance computing technologies to take best advantage of the information gathered by the Copernicus Sentinel satellite fleet.

Newsletter

Related Articles

0:00
0:00
Close
The rise and fall of Hui Ka Yan, China’s richest man
Woke: Britain Considers Plain Packaging for Cigars as Specialist Shops Warn of Industry Collapse
Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate
Mandelson Epstein Case in Jeopardy as U.S. Files Stay Out of Reach
Prince Harry and Six Others Ordered to Pay £9.5 Million After High Court Defeat
Petrol Bombs Set Luxury Cars Alight Outside Birmingham Wedding as Police Hunt Three Men
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Prince Harry and Co-Claimants Ordered to Pay £9.5 Million Toward Daily Mail Publisher’s Legal Costs
Prince Harry and Meghan Markle Reportedly Plan Return to Britain With Their Children
UK Court Ruling Threatens Deportation Plans for Potential Trafficking Victims to Albania
Kemi Badenoch Presses UK Government for Decisions on Rosebank and Jackdaw Oil Fields
UK Foreign Affairs Committee Chair Calls for Ban on Goods from Occupied West Bank
Andy Burnham Government to Place Civil Servants Directly in English Mayoral Offices
Met Office Warns Major El Niño Could Bring Stormier, Wetter Autumn to UK
UK Economy Gains Unexpected Momentum Ahead of Andy Burnham Government’s First Budget
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Royal Navy to Accelerate DragonFire Laser Deployment Against Growing Drone Threat
Northern Ireland Approves Five Hundred Million Pound Belfast Harbour Expansion
Great British Railways Takes Full Control of Avanti West Coast as Rail Nationalisation Reaches Final Stage
UK AI Safety Institute Calls for Mandatory Security Audits of Advanced AI Models
Scotland Secures Three Billion Pounds for Floating Offshore Wind Hub in Aberdeen
Government Overrides Local Councils to Approve Green Belt Housing Across Southern England
UK and EU Move Toward Mutual Recognition of Food Standards to Ease Cross-Channel Trade
Government Plans Multibillion-Pound Private Healthcare Expansion to Cut NHS Surgical Backlogs
Bank of England Signals Faster Rate Cuts as Inflation Falls Below the Two Percent Target
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
Moderna Shares Surge After Positive Personalized Skin Cancer Trial Results
UK Markets Watch US National Debt Surpass Forty Trillion Dollars
UK Broadcasters Urge Government to Invest in Digital Participation and Broadband
CVC Capital Partners and Standard Life Launch Two Billion Pound Pension Risk Transfer Venture
UK Private Sector Productivity Growth Accelerates in Second Quarter
UK Foreign Secretary Ed Miliband Condemns Israeli E1 Settlement Tender
UK Watchdog Investigates Trainline, Virgin Atlantic and RED Driving School Over Hidden Fees
Prince Harry and Meghan Markle Plan Move to Private Home Outside London
UK Retail Sentiment Improves as Summer Spending Boosts Consumer Confidence
UK Aid Cuts Draw Warnings From Charities Over Humanitarian Consequences
UK Financial Conduct Authority Issues Guidance for Motor Finance Redress Scheme
UK Met Office Launches Aviation Programme to Reduce Climate Impact of Persistent Contrails
Former UK Civil Service Chief Received Record 500,000 Pound Severance Payment
West Midlands to Bring Bus Network Under Public Franchising Model
UK Government Drops Plan to Relax Affordable Housing Requirements After Backlash
×