With the partial support of the government and other parts of French society, last Sunday, September 18, it was reported that France will invest more 9 billion euros in the space sector next three years. This was announced by the Prime Minister of France. Elizabeth Born, in International Astronautical Congress (IAC), what happened in Paris. Elizabeth highlighted at the opening of the event: “In total, France is preparing to invest more than 9 billion euros in the space sector over the next three years, for research and our space industry.”

The strategy was defined by the President of France. Emmanuel Macron, in February of this year. One of the main goals is preserve the autonomy of the country and Europe for access to space. To make this possible, large investments will be required. The billionaire’s investments include loans for the space component of the investment plan. France 2030 ($1.5 billion), as well as for the Research Programming Act voted through 2030, the media for National Space Research Center (CNES) and Military Programming Act 2019-2025 (5 billion).

(loans: Twitter page / @esa)

ESA plans to borrow about 18 billion euros from 22 EU member states at the end of this year.

Another French contribution to European Space Agency (European Space Agency/ESA) will be put to a vote at a ministerial conference within two months, this November, also in Paris. The amount will be determined at that time, according to the authorities involved. ESA plans to order approximately 18 billion euros To 22 Member Statesto fund programs over the next three years.

Philip BaptistePresident of CNES, praised “The true ambitions of France in space reflected in this trajectory“. In closing, he stated:This is an ambitious investment, almost 25% more investment than in the last three years.“.

Jean-Marc Astorg, strategy director of the French space agency, explained that the subsidy provided by the executive branch will make possible the entire “space ecosysteml” Achieve the most efficient disbursement approach by the end of 2022. Elizabeth Born met with CNES officials, IAC host and Thomas Pesce, French astronaut.

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Source: UOL

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