https://sputnikglobe.com/20210112/france-to-invest-1215mln-in-space-projects-over-next-2-years-macron-says--1081744542.html
France to Invest $121.5Mln in Space Projects Over Next 2 Years, Macron Says
France to Invest $121.5Mln in Space Projects Over Next 2 Years, Macron Says
Sputnik International
PARIS (Sputnik) - French President Emmanuel Macron on Tuesday pointed to the excessive competition in the European space industry and called for larger... 12.01.2021, Sputnik International
2021-01-12T15:25+0000
2021-01-12T15:25+0000
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France to Invest $121.5Mln in Space Projects Over Next 2 Years, Macron Says
15:25 GMT 12.01.2021 (Updated: 17:14 GMT 12.04.2023) PARIS (Sputnik) - French President Emmanuel Macron on Tuesday pointed to the excessive competition in the European space industry and called for larger investments, noting that Paris would allocate 100 million euros ($121.5 million) for space projects in the next two years.
"In terms of [economic] recovery, we have decided to invest 100 million euros in space, which will cover innovations related to carrier rockets, speed up our projects and the entire industry," Macron said during his visit to ArianeGroup aerospace company in Vernon.
27 August 2019, 11:32 GMT
The French leader then emphasized the urgency to reduce competition within Europe.
"This is the area [space] that has been seeing rising competition in recent years. ... That is why we need to organize ourselves," Macron said.
The president visited the ArianeGroup site in the French department of Eure earlier in the day together with Economy Minister Bruno Le Maire and Minister of Overseas Sebastien Lecornu.
