Once considered a niche, the space economy is now a major, mature industrial force supporting innovation, public policy goals, and services in Europe and beyond.

EU countries currently invest a bit more than 0.04% of their GDP in space, but some countries are moving faster than others.

Regarding civilian space projects, Italy now spends more relative to its GDP than any other European country except Luxembourg, overtaking France after a major spending boost over the past 15 years.

The OECD’s latest Space Economy at a Glance report claims that Rome’s space economy “is now a strategic high-value industrial and digital ecosystem, comparable to…

Read the full article at EURONEWS.COM