Fact Check: EU aims for a €60 billion budget to boost its space sector by 2030.

Fact Check: EU aims for a €60 billion budget to boost its space sector by 2030.

Published June 25, 2025
by TruthOrFake AI
±
VERDICT
Partially True

# Fact Check: "EU aims for a €60 billion budget to boost its space sector by 2030." ## What We Know The claim that the European Union (EU) aims for a...

Fact Check: "EU aims for a €60 billion budget to boost its space sector by 2030."

What We Know

The claim that the European Union (EU) aims for a €60 billion budget to boost its space sector is rooted in a recent proposal from the European Parliament's Industry, Research, and Energy Committee. According to a letter sent to Commission President Ursula von der Leyen, the committee advocates for a "clearly ring-fenced budget of at least €60 billion" for the next long-term EU Space Programme, which is intended to enhance the bloc's strategic autonomy and competitiveness in space (Science|Business). The current budget for the EU Space Programme stands at approximately €15 billion, with an additional €5 billion allocated for the Iris2 satellite communications system (Science|Business).

The push for this increased funding comes amid concerns about Europe's position in the global space market, particularly in light of competition from the US and China. The European Space Agency (ESA) reported that Europe accounted for only 11% of global public space funding in 2023, while the US contributed 64% (Euronews). The proposed budget increase is seen as essential for maintaining and advancing Europe's capabilities in both civilian and defense-related space activities.

Analysis

The proposal for a €60 billion budget is indeed a significant request from European lawmakers, reflecting a growing recognition of the strategic importance of space capabilities. The letter from the Industry, Research, and Energy Committee, which includes input from various Members of the European Parliament (MEPs), emphasizes the need for a dedicated budget to avoid merging space funding with other sectors that may dilute its effectiveness (Science|Business).

However, it is important to note that this budget is not yet finalized or guaranteed. The European Commission has yet to publish its proposal for the next Multiannual Financial Framework (MFF), which will outline the actual budget allocations (Science|Business). While the MEPs' advocacy for a standalone space programme is strong, the final decision will depend on negotiations within the EU's budgetary framework.

The sources cited, particularly the letter from the MEPs and the statements from EU officials, are credible and reflect the current discourse within the EU regarding space policy. However, the actual implementation of the proposed budget is contingent upon broader political and financial considerations within the EU, which may affect the final outcome.

Conclusion

The claim that the EU aims for a €60 billion budget to boost its space sector by 2030 is Partially True. While there is a strong push from European lawmakers for this budget increase, it is still a proposal that requires approval and may be subject to negotiation. The advocacy for a dedicated budget underscores the importance of space capabilities for Europe, but the final budget allocation will depend on the forthcoming decisions from the European Commission and the EU member states.

Sources

  1. MEPs call for a €60B standalone EU space programme
  2. EU aims to create a 'competitive' single market for space services
  3. Brussels moves to tackle satellite junk in space
  4. The EU budget enables an independent space and navigation policy for ...

Have a claim you want to verify? It's 100% Free!

Our AI-powered fact-checker analyzes claims against thousands of reliable sources and provides evidence-based verdicts in seconds. Completely free with no registration required.

💡 Try:
"Coffee helps you live longer"
100% Free
No Registration
Instant Results

Comments

Comments

Leave a comment

Loading comments...