Bringing space down to earth (second part)
In the future space will become even more important and offer new opportunities for business as well as services for citizens. Improved positioning and timing systems along with global environmental monitoring will provide areas for innovative companies to flourish by providing new services. Space is also critical in terms of environmental, security and climate change considerations.
Europe is home to a large, hi-tech aerospace industry that supplies a significant part of the world's commercial requirements for satellite manufacture, launch and services. The European industry has proved highly competitive in a difficult marketplace.
Space systems are clearly strategic assets that demonstrate independence and the ability to assume global responsibilities. To maximise the benefits and opportunities that they can provide to Europe now and in the future, it is important to have an active, co-ordinated strategy and a comprehensive European Space Policy.