PARIS — Financial transactions involving European space startups dropped off in 2019 from the two previous years but is likely to be supported in 2020 by the creation of at least two new government-backed space investment funds, the European Space Research Institute (ESPI) said.
ESPI’s Space Venture Europe 2019 survey found 56 transactions valued at 188 million euros ($210.5 million). The figures are lower than what actually happened because the participants in 12 additional deals declined to disclose the financial volume, ESPI said.
