
Space Defense•
Germany Pledges 35 Billion Euros for Space Defense by 2030
Germany has announced a plan to invest 35 billion euros ($41 billion) into its space defense capabilities by 2030, according to Defense Minister Boris Pistorius.
Stefan Brandt is a political and economic correspondent for Archeonis, based in Berlin. He covers German domestic policy, European security issues, and economic trends affecting the continent.
Germany has announced a plan to invest 35 billion euros ($41 billion) into its space defense capabilities by 2030, according to Defense Minister Boris Pistorius.
Germany will invest €35 billion over five years to enhance its military space capabilities, including potential offensive systems, to counter threats from Russia and China.
Germany is set to invest €35 billion in space defense by 2030 to counter threats from Russia and China, even as economists warn of economic stagnation.