The Journal of Space Commerce

The Journal of Space Commerce

Commercialization of Space Boosted at ESA Ministerial Council

Tom Patton's avatar
Tom Patton
Nov 30, 2022
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To encourage entrepreneurship and the commercialization of space, 23 ESA Member and Associate States have pledged a total of €117.6 million (≈$122.4 million) to ESA’s ScaleUp program at ESA’s Ministerial Council CM22. This amount exceeds the target funding request by more than 17%, thus confirming the strong support that ESA Member States intend to prov…

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