The place of space technology in economic development: Reflections on present and future aspects

The effects of the development of satellite applications on the orientation of the space effort were examined. The gap between available and exploited technology, the impact of the current economic climate and future trends are discussed. Europe's low level of public funding for its space effort, in comparison to other space powers, and the dangers of complacency regarding Europe's competitiveness in the space market are illustrated. A proposal for the general direction which Europe's future strategy must take if European independence in this field is to be preserved is presented.