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Europe pledges €10 billion to challenge US space dominance

European space leaders announced a €10 billion plan to challenge US market dominance. This investment aims to boost the continent's competitiveness in the global space sector.

'Passengers or pilots?' Europe looks to challenge US dominance in space sector with €10 billion plan
France 24 — 9 September 2026
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On Wednesday, Europe's space industry leaders met in Paris to announce a €10bn plan to boost the continent's competitiveness in a market dominated by the United States. The meeting brought together representatives from the European Space Agency, Airbus, Thales Alenia Space, and national space agencies from France, Germany

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