Europe accounts for just one-fifth of global space investment

Seraphim Space, the leading global SpaceTech investor, has published its whitepaper, detailing several policy recommendations to unlock growth within the European and UK space sector required to solve Europe’s security crisis. In response to President Trump’s demands that Europe increase its defence spending, the European Union has sought to mobilise up to €800bn in defence funding. The UK Government announced an increase in defence funding to 2.7% of GDP.