London Daily

Focus on the big picture.
Monday, Jul 13, 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
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
Innovation-led growth strategy
Public service reform pressure
Defence and industrial security
Labour leadership transition and economic reset
Northern England Pushes for Greater Influence in Britain’s Future Economic Model
UK Technology Strategy Focuses on Life Sciences, Digital Innovation and Research Investment
Britain and United States Maintain Focus on Pharmaceuticals Cooperation and Industrial Growth
UK Public Services Face Continued Pressure as Government Promises Visible Improvements
Regional Economic Power Becomes Key Theme in Britain’s Next Political Phase
Britain Expands Support for Small Businesses as Firms Seek Better Access to Finance
UK Economy Remains Central Political Challenge as Cost of Living and Growth Concerns Persist
National Health Service Introduces New Workplace Reviews to Improve Conditions for Healthcare Staff
UK Life Sciences Sector Secures More Than Three Billion Pounds in Investment to Support Innovation
Britain Strengthens Defence Strategy as Security Concerns Reshape Military and Industrial Policy
Andy Burnham Promises Stronger UK Defence Industry and Expanded Domestic Production
UK Government Faces Difficult Spending Choices as Labour Leadership Transition Approaches
Rachel Reeves Warns Andy Burnham of Immediate Economic Challenges After Expected Leadership Change
Andy Burnham Prepares to Lead UK Government With Plans for Regional Power Shift and Economic Reset
Government Creates Emergency Support Scheme for Financially Struggling Universities
United Kingdom Replaces Traditional Farm Subsidies With Payments Linked to Environmental Performance
National Grid Reports First Week of Electricity Generation Without Fossil Fuels
United Kingdom Financial Regulator Introduces Tougher Capital Rules for Cryptocurrency Exchanges
Belfast Harbour Expands Operations to Attract Investment Through United Kingdom and European Union Market Access
Scottish Government Threatens Legal Challenge Over Westminster Cuts to North Sea Transition Funding
United Kingdom Accelerates Trans-Pennine High-Speed Rail Project Linking Northern Cities
United Kingdom Secures Ten Billion Pound Investment for Cambridge Quantum Computing Campus
Port Talbot Steelworks Wins Support for Green Hydrogen Transition and Protection of Industrial Jobs
United Kingdom Sends Royal Navy Carrier Strike Group to Indo-Pacific as Regional Security Focus Expands
National Health Service Expands Artificial Intelligence Diagnostics Across England to Reduce Screening Backlogs
United Kingdom Launches Fifty Billion Pound Infrastructure Fund to Accelerate Housing and Construction
UK Medical Chiefs Update Health Guidance to Promote Everyday Physical Activity
Office of Communications Keeps Wikipedia Under Review Under UK Online Safety Rules
UK Defence Ministry Expands Deep-Strike Capability Through Precision Missile Programme
Russell Group Universities Warn Funding Cuts Could Damage NHS Workforce Training
UK Parliament Calls for National Emergency Broadcast as Heatwave Conditions Intensify
UK and Netherlands Strengthen Naval Cooperation With New Amphibious Defence Partnership
UK Defence Ministry Joins International Missile Programme With One Hundred and Ninety Million Pound Investment
Bank of England Warns Middle East Conflict and AI Risks Could Pressure UK Economy
UK Government Introduces New Rules to Limit Foreign Influence in Political Donations
UK and France Prepare Naval Mission to Protect Shipping Through Strait of Hormuz
United States Pressures UK to Increase Defence Spending at NATO Summit
Bank of England Warns Artificial Intelligence Investment Boom Could Create Financial Stability Risks
Bank of England Begins Direct Oversight of Critical Technology Providers Supporting UK Finance
Andy Burnham Set to Become UK Prime Minister After Labour Leadership Race Clears Path to Downing Street
Scottish Fishing Industry Calls for Emergency Support Amid Rising Costs
UK Supports Stronger European Response to Russian Actions in Ukraine
Devon and Cornwall Police Release Suspect in Ann Widdecombe Murder Investigation
×