BRUSSELS — Europe’s space industry association, ASD-Eurospace, asked European governments celebrating their New Space successes to consider whether creating so many space startups is a good idea, since there is serious doubt about their survival.
Some will thrive, some will merge into larger companies and some may relocate to the United States or elsewhere. But many of them will likely disappear when they run out of investor equity money and realize that Europe’s government market is incapable of supporting them.
“For the moment we are all very . . .
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