Luxembourg Boosts Space Funding by 3.5% as Competition Rises in Europe

Luxembourg continues to invest heavily in the civil space sector after committing  €265.1 million to developing the country’s space ecosystem over the next three years.

The figure, which was revealed following the European Space Agency (ESA) Council meeting of ministers from 26 and 27 November, marks a 3.5% increase from the last period when Luxembourg committed €256m. 

According to a government press statement, the 2026-2029 package includes a €149.3m towards ESA programmes, which are valued at €22.1…