PARIS — The budget of the French space agency, CNES, is increasing by 16.6% in 2024, with much of the growth driven by special government economic-stimulus initiatives that include investment in the space sector.
Europe’s largest space agency has been given partial responsibility for guiding these stimulus monies toward startups. CNES’s three-year performance review by the government includes figures on startup investment and specifically in investment in small launch vehicles.
The French government, and CNES in particular, believes that intra-European competition for . . .
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