SpaceWatchGL: Europe and US Finding: a tenfold difference.
Stephane Israël, CEO of ArianeSpace, summarized the Europe vs. US funding issue in one sentence during the 15th European Space Conference, held in Brussels on the 24th-25th of January 2023: “It’s not possible to copy and paste the US model, because the investments [in the US] are tenfold higher”. A quick look at the Government budgets for 2021 confirms the figures. The latest Euroconsult report about Government expenditures for space programs reported that the US Government budget for 2022 was 62 billion US dollars (this includes both the civil and military budget for agencies like NASA, Pentagon etc.).