European space sector

New analysis highlights recent developments in UK and European space policy and industrial strategy, covering how governments are shaping regulation, funding and industrial support for the space sector. The discussion comes as Europe and the UK work to strengthen sovereign space capabilities and keep their aerospace industries competitive with the United States and China.

The European Union intends to raise the number of its satellite launches sixfold by 2034, according to the Financial Times. The plan points to a major push to expand Europe's space capabilities and reduce dependence on foreign launch providers. Details on funding and implementation have not yet been outlined, and officials have not publicly commented beyond the reported plans.

The EU's space commissioner is pressing for Europe to increase its rocket launch rates, according to SpaceNews. The push reflects growing concern in Brussels that Europe has fallen behind in access to space, with limited launch capacity and reliance on other providers. The commissioner's remarks highlight the bloc's ambition to strengthen its autonomous space capabilities and support its launcher industry.

Deutsche Bank has raised its price target for German space and technology group OHB to €300, with analysts pointing to defense-driven growth as the reason for the more optimistic outlook. The upgrade reflects growing investor interest in European defense and security-related space capabilities, a sector that has attracted rising attention as governments increase military and security spending.