Government budgets for space exploration and militarisation hit record levels

Zhengzhou1周前Digital107

Government budgets for space exploration and militarisation hit record levels  第1张

This is according to Euroconsult, a consultancy specialising in the space sector, which also expects such spending to reach $1 trillion over the next decade. The two major main drivers identified are ambitious space exploration programmes, by leading space countries, and geopolitical rivalries that are driving the militarisation of space.

The numbers are in its “” report, for 2021, which examines the impact of government space budgets in civilian and defence applications.

Despite Covid

Despite the effect of Covid-19, the space sector has received record government investment of more than $92 billion, which is an 8% increase compared to 2020.

Civilian space budgets, totalling $53 billion in 2021, continue to receive more funding than defence space programs, at 58% of total spending. The share going to defense, $39 billion in 2021, is increasing however, notes Euroconsult. See below:

Government budgets for space exploration and militarisation hit record levels  第2张

“Geopolitical tensions, increasing rivalry between leading space powers, and the value of space as the ultimate high ground drive the militarization of space trend, with leaders increasing their investments in defense space assets and technologies.”

The report identifies the top twelve governments for space spend as follows (in millions), with France notably leading the way in Europe, almost tripling the UK investment:

United States – $54,589mChina – $10,286mJapan – $4,214mFrance – $3,952mRussia – $3,567mEuropean Union – $2,574mGermany – $2,377mIndia – $1,963mItaly – $1,481mUnited Kingdom – $1,464mCanada – $490mSpain – $399m

Access to the report can be found here.

: European Commission conducts New Symphonie for broadband constellation

相关文章

Mauna Kea Semiconductor raises $12.8m in Series PreA+ round

Mauna Kea Semiconductor raises $12.8m in Series PreA+ round

 Mauna Kea Semiconductors (MKSemi), the UWB specialist, has closed a Series Pre-A+ Funding round rai...

Yara Marine looks to accelerate startups

Yara Marine looks to accelerate startups

The programme offers  companies an opportunity to develop and pilot their products while supported b...

How to build  a quantum computer

How to build a quantum computer

This architecture tackles the qubit connectivity problem and is a potential pathway for realising a...

PCB-mount vehicle charging safety relay handles 36A

PCB-mount vehicle charging safety relay handles 36A

“With a switching current of 36A at 250Vac, 10,000 switching operations are possible, and with 30A a...

TUM develops spin materials for quantum computing

TUM develops spin materials for quantum computing

Physicists at the Technical University of Munich (TUM) and the Max Planck Institute for Solid State...

Signal generation for $109

Signal generation for $109

MikroElektronika (MIKROE) has launched Waveform 4 Click – a member of its +1000-strong Click family...