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Germany plans to boost funding for European Space Agency, says minister
Published by Global Banking & Finance Review®
Posted on November 20, 2025
2 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 20, 2025
2 min readLast updated: January 20, 2026
Germany will increase its funding for the European Space Agency to 5 billion euros, part of a broader strategy to enhance space security and innovation.
BERLIN (Reuters) -Germany plans to significantly increase funding for the European Space Agency, with Research Minister Dorothee Baer set to pledge up to 5 billion euros ($5.76 billion) at the ESA's conference in the north-western city of Bremen next week.
"It will definitely be more than three years ago, when it was around 3.5 billion. If we now reach the 5-billion mark, that would be extremely positive," she told Reuters on Thursday.
The funding is part of a larger strategy on space security that the government presented on Wednesday, with plans to invest as much as 35 billion euros in coming years on space defence.
"We have been resting on a peace dividend for a very, very long time. That's why it's good and right that the strategic importance of space travel has now been so clearly recognized."
With a view to the upcoming conference, Baer also urged the ESA to be open to reform: What is needed is a mix of expensive, large-scale projects, like the Ariane rocket, and many smaller projects that rely more heavily on start-ups, she said.
You have to "think big", she said, referring to planned moon flights. "At the same time, there must be a great deal of flexibility so new players can also enter the market."
($1 = 0.8675 euros)
(Reporting by Andreas RinkeWriting by Miranda MurrayEditing by Madeline Chambers)
Space security refers to the measures and policies that ensure the safety and sustainability of space activities, including protection against threats like space debris and cyber attacks.
Large-scale projects in space exploration involve significant investments and resources for missions such as satellite launches, planetary exploration, and space station development.
Innovation in space technology is crucial for advancing capabilities in exploration, communication, and scientific research, leading to new discoveries and applications on Earth.
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