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finance.yahoofinance.yahoofinance.yahooFor the second consecutive week, Paris has positioned itself as the center of the global space industry. Europe's premier space business conference opened on Monday, days after the International Space Summit on Sept. 9-10 drew nearly 120 foreign delegations to the Grand Palais — but notably absent were some of the biggest names in American spaceflight, including SpaceX and Blue Origin.finance.yahoo+2
The French government drew a direct line between their absence and what it called "rumors of pressure" from the Trump administration to sit out the event, according to Bloomberg. The perceived snub has become a catalyst for Europe's broader campaign to reduce its dependence on the United States in space.finance.yahoo
European Space Agency Director General Josef Aschbacher is at the center of the push for autonomy. After NASA Administrator Jared Isaacman in March canceled Gateway, a multinational lunar satellite project for which ESA was developing key modules, and scrapped an ESA-backed Mars sample-return mission, Aschbacher has called for a fundamental repositioning.finance.yahoo
"Europe is too exposed in its cooperation, especially in exploration, to the United States," Aschbacher said. ESA is looking to increase launches of its Ariane 6 and Vega-C rockets and pursue crewed missions independently of SpaceX. Last month, the agency awarded more than €540 million to three startups developing Europe's first reusable rockets, and Germany's Isar Aerospace on Sept. 5 became the first company to send a rocket to orbit from European soil.finance.yahoo
Isaacman, in a statement, said NASA "welcomes stronger capabilities among our allies" and that the Gateway cancellation followed cost and schedule concerns.finance.yahoo
Established players are also restructuring. Project Bromo, a proposed merger among Leonardo SpA, Airbus SE, and Thales SA to unify regional space operations, is expected to receive regulatory approval by the end of next year. ESA is also injecting €550 million into IRIS², a European Union satellite network designed as an alternative to SpaceX's Starlink, with a total budget exceeding €15.6 billion.finance.yahoo
Meanwhile, the UK announced a £30 million investment in SaxaVord Spaceport on the Shetland Islands, part of a broader £7.8 billion strategy running to 2030. The funding, matched by £30 million in private investment, will complete three launchpads and support facilities at the UK's first licensed vertical launch site.techround+3
ESA member states contributed a record €22.1 billion to fund programs over the next three years — a 36 percent increase — but that still falls short of NASA's annual budget of $24.4 billion. Competing political interests among ESA's 23 member nations and complex funding structures continue to slow progress.finance.yahoo
"We are going to move from a relationship that was more like a senior-junior partner in the past to something where Europe acts more autonomously," said Lars Petzold of the European Space Policy Institute.finance.yahoo