The EU is investing more than EUR 12 billion over 2014-2020 to develop high quality space projects. More than 30 further Galileo and Copernicus satellites will be launched in the next 10-15 years.
According to the European Commission the European space industry is strong and competitive. There are over 230.000 employees, value estimated at EUR 46-54 billion in 2014, representing around 21% of the value of the global space sector. A third of the world's satellites are made in Europe. The next generation is Ariane 6 and Vega C.