Germany, Italy, and the UK Slash ESA Contributions by €430M

Published on January 13, 2025

The European Space Agency’s 2025 budget has dropped below its 2024 level after Germany, Italy, and the United Kingdom collectively cut their contributions by €430 million.

During his annual press briefing on 9 January, ESA Director General Josef Aschbacher revealed that the ESA budget for 2025 would be €7.68 billion, down from €7.79 billion in 2024. The reduction in the agency’s budget could have been far worse, as all of the ‘big four’ countries, apart from France, significantly reduced their contributions.

Read the full story on European Space Flight.

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