Farnborough: the space industry and the recession

Yesterday, 21 July 2010, the Farnborough International Airshow in England organised its “Space Day”. On this occasion, the European Space Agency highlighted the fact that the space sector provided applications that were significant sources of economic growth. The Agency’s Director General, Jean-Jacques Dordain, said: “It is particularly important in times of crisis to invest in the future.” He also believes that current European astronautical successes are the result of investments made in the industry and space programmes 5 to 10 years ago and that such investments should be continued in order to prepare for the future.

Press release from the ESA

Published on 22 July 2010

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