ESA approves a slightly smaller preliminary budget for 2025
The council running the European Space Agency (ESA) has now approved a preliminary budget for 2025 of $8 billion, a very slight reduction from the 2024 budget.
According to [ESA’s director general Josef] Aschbacher, the budget includes €4.8 billion in contributions from ESA member states, approximately €1.7 billion from the European Union, and €1.2 billion from “some other sources.” A more detailed breakdown of the 2025 ESA budget will be released during the DG’s annual press briefing, which is expected to occur on 9 January 2025.
It is also expected that the final budget will be higher once the legislatures of ESA’s numerous member states approve their contributions to the agency. Right now German, France, and Italy are the largest contributors. All three governments have in the past two years clearly signaled their determination to support commercial space. This should translate into support for ESA, though the two are becoming increasingly separated. Those nations could also decide there is no reason to give cash to this bureaucracy, and instead use it to directly fund their new private rocket startups.
The council running the European Space Agency (ESA) has now approved a preliminary budget for 2025 of $8 billion, a very slight reduction from the 2024 budget.
According to [ESA’s director general Josef] Aschbacher, the budget includes €4.8 billion in contributions from ESA member states, approximately €1.7 billion from the European Union, and €1.2 billion from “some other sources.” A more detailed breakdown of the 2025 ESA budget will be released during the DG’s annual press briefing, which is expected to occur on 9 January 2025.
It is also expected that the final budget will be higher once the legislatures of ESA’s numerous member states approve their contributions to the agency. Right now German, France, and Italy are the largest contributors. All three governments have in the past two years clearly signaled their determination to support commercial space. This should translate into support for ESA, though the two are becoming increasingly separated. Those nations could also decide there is no reason to give cash to this bureaucracy, and instead use it to directly fund their new private rocket startups.