XM no presta servicios a los residentes de Estados Unidos de América.

European space chief says Europe must be able to compete globally



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>European space chief says Europe must be able to compete globally</title></head><body>

Europe needs to 'raise its ambitions' in space, ESA head says

Airbus and Thales exploring tie-up for space activities

European firms face tougher competition from Starlink

By Tim Hepher

Oct 18 (Reuters) -The head of the European Space Agency (ESA) has said the region's space industry needs the muscle to compete globally, warning Europe risks falling behind in the new space race.

Major European satellite makers are looking at teaming up as they face competition from Elon Musk's Starlink, with Airbus this week announcing 2,500 job cuts in defence and space.

In an interview, ESA Director General Josef Aschbacher declined to be drawn directly on the preliminary merger talks but said ESA wanted an industry capable of competing on the world stage balanced with good value for European taxpayers.

"I know that we have the capacity and excellence of the European industry. What I'm more worried about is ... how and what does Europe need to succeed on the global stage?" he told Reuters at a global space meeting in Milan this week.

"My goal ... is to make sure that we develop a solid, robust European space industry that can serve our own citizens' needs, but also be a success on the world market," he said.

Talks between satellite rivals Airbus and Thales, which also include Thales' Italian space partner Leonardo, emerged in July in the wake of disappointing results in the sector and a series of charges at Airbus.

The manufacturers have traditionally been geared towards one-off satellites in geostationary orbit, deploying ambitious but costly technology. They face increasing competition from small satellites in low Earth orbit built at much lower cost.

Previous efforts to combine the satellite activities of Airbus and its main rival Thales Alenia Space, two-thirds owned by Thales and one-third by Leonardo, have run up against opposition from the European Commission, industry sources say.

Telespazio, in which Leonardo owns two thirds and Thales the rest, competes with Airbus in satellite services.

ESA is Airbus' largest space customer.

Fast-growing competition has triggered a regulatory debate over whether the market is a global or European one.

"It is really for industry to organise itself as it sees fit, but from a European Space Agency's point of view, I will always accompany industry's processes to be successful," Aschbacher said.

"Being successful means using taxpayers' money in the best possible way to create a maximum impact for our industry for European needs, and obviously also to put them in good conditions for the global competitive base."

Aschbacher was speaking at the International Astronautical Congress, which ends on Friday after China showcased a rock sample from the moon's far side earlier this week.

Elsewhere, global attention was captured by the novel capture of a rocket's booster back to its launch pad using giant mechanical arms, during a test flight of SpaceX's Starship.

"Europe needs to accelerate its activities in space, needs to raise its profile, needs to raise its ambition, otherwise we will risk falling behind," Aschbacher said.

ESA this week launched its 'Moonlight' Project to provide communication and navigation services for more than 400 future missions planned by space agencies and private companies.



Reporting by Tim Hepher
Editing by Mark Potter

</body></html>

Descargo de responsabilidades: Cada una de las entidades de XM Group proporciona un servicio de solo ejecución y acceso a nuestra plataforma de trading online, permitiendo a una persona ver o usar el contenido disponible en o a través del sitio web, sin intención de cambiarlo ni ampliarlo. Dicho acceso y uso están sujetos en todo momento a: (i) Términos y Condiciones; (ii) Advertencias de riesgo; y (iii) Descargo completo de responsabilidades. Por lo tanto, dicho contenido se proporciona exclusivamente como información general. En particular, por favor tenga en cuenta que, los contenidos de nuestra plataforma de trading online no son ni solicitud ni una oferta para entrar a realizar transacciones en los mercados financieros. Operar en cualquier mercado financiero implica un nivel de riesgo significativo para su capital.

Todo el material publicado en nuestra plataforma de trading online tiene únicamente fines educativos/informativos y no contiene –y no debe considerarse que contenga– asesoramiento ni recomendaciones financieras, tributarias o de inversión, ni un registro de nuestros precios de trading, ni una oferta ni solicitud de transacción con instrumentos financieros ni promociones financieras no solicitadas.

Cualquier contenido de terceros, así como el contenido preparado por XM, como por ejemplo opiniones, noticias, investigaciones, análisis, precios, otras informaciones o enlaces a sitios de terceros que figuran en este sitio web se proporcionan “tal cual”, como comentarios generales del mercado y no constituyen un asesoramiento en materia de inversión. En la medida en que cualquier contenido se interprete como investigación de inversión, usted debe tener en cuenta y aceptar que dicho contenido no fue concebido ni elaborado de acuerdo con los requisitos legales diseñados para promover la independencia en materia de investigación de inversiones y, por tanto, se considera como una comunicación comercial en virtud de las leyes y regulaciones pertinentes. Por favor, asegúrese de haber leído y comprendido nuestro Aviso sobre investigación de inversión no independiente y advertencia de riesgo en relación con la información anterior, al que se puede acceder aquí.

Advertencia de riesgo: Su capital está en riesgo. Los productos apalancados pueden no ser adecuados para todos. Por favor, tenga en cuenta nuestra Declaración de riesgos.