Macron: Europe Must Reclaim its Space Power

Faced with the dominance of SpaceX, Europe's space industry is struggling to compete. French President Macron, speaking at the Paris Air Show, urged increased investment, warning that Europe is on the brink of being shut out of the low Earth orbit (LEO) satellite constellation market. He stressed the need for Europe to become a space power again, announcing a space summit for early 2026 to foster international collaboration. France's increased stake in Eutelsat is a key part of this strategy to counter Starlink.