TUPPER LAKE, NY — Europe’s space manufacturers’ sales to commercial and export customers have dropped by 29% in the past six years and there are no signs that the trend will reverse, Europe’s space-hardware association, ASD-Eurospace, said in its annual Facts and Figures survey.
During that same period, European space companies’ sales to European government institutions have increased by about 20% as national and European agencies announce pandemic recovery measures, Eurospace found.
The problem for European companies is that their governments have never spent . . .
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