00:00Second, Europe is not poor, but Europe is strategically underinvested.
00:06The US makes up less than 20% of the world economy, but over 60% of global space spending.
00:14Europe accounts for around 24% of the world economy, but invests only about 10% of global
00:22space budgets.
00:23And thirdly, if Europe does not become capable of acting autonomously in accessing space
00:29– in reconnaissance, navigation, communication and transport – then in the future, it will
00:34not be at the table, but on the menu.
00:37This is not alarmism, this is the lesson from Ukraine.
00:40Aschbacher says it openly, the war in Ukraine began a day before the invasion in space.
00:47Satellite reconnaissance, communication, navigation and situational awareness.
00:52Modern warfare no longer works without space technology.
00:59They both are in, as which allows us to travel to the United States to reach the top,
01:00near the melting of thatate, where there were a heroic sake, not reaching Duloc
