The ESA backs European space tech what will this mean for local startups?
Get the Full StoryIt s official. France, Germany and Italy, the three biggest contributors to the European Space Agency, have joined forces to compete with SpaceX. At a meeting this week, the ESA agreed to guarantee the future of the next-generation Ariane 6 and Vega-C rocket launcher systems. According to Stars and Stripes, the deal follows months of bickering between Paris and Berlin over issues including intellectual property rights, export licenses, and the budget . The ESA is asking its member states to contribute 18.5 billion to fund the next three years of space programmes a significant increase of more than 25 from the previous This story continues at The Next WebShare: