How much is Canada investing in the European Space Agency?

Canada is investing C$528.5 million in European Space Agency programs.

What is the significance of Canada's new space funding?

This investment is a tenfold increase, significantly boosting Canada's role and technological development in European space initiatives.

What areas will Canada's new space investment support?

The investment will support research and development in satellite communications, Earth observation, space exploration, and more for civilian and defense purposes.

Home / Science / Canada Tenfolds Space Investment in EU

Canada Tenfolds Space Investment in EU

19 Nov

•

Summary

Canada is investing C$528.5 million in European Space Agency programs.
This investment represents a tenfold increase in Canadian contributions.
The funds will advance Canadian space technology for civilian and defense use.

Canada has announced a major financial commitment to deepen its collaboration with the European Space Agency, injecting C$528.5 million into joint programs. This represents a tenfold surge in investment, signaling a new phase of cooperation and a strategic move by the Canadian government.

The allocated funds will be disbursed over a three-to-five-year period. Industry Minister Melanie Joly stated that this investment is designed to foster innovation in Canadian space technology. The focus areas encompass a broad spectrum of applications, crucial for both peaceful and security-oriented objectives.

These advancements will span critical fields such as satellite communications, Earth observation for environmental monitoring, deep space exploration, precise positioning, navigation, timing systems, and space situational awareness. This initiative underscores Canada's commitment to advancing its capabilities in the global space sector.