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European Space Tech: 70+ Startups Map New Frontier

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Europe's space technology sector is attracting serious capital as over 70 startups pursue applications ranging from pharmaceutical research in orbit to data centres and solar farms in space. The sector spans everything from space tourism to what some call a "Plan B" for humanity.

Investment flows are accelerating across the continent. One European space company recently raised $826 million to pursue "high ambition" projects, while another secured £0.9 billion for satellite operations. The €539 million space sector represents a growing slice of European venture funding.

The mapped startups reflect the industry's breadth: companies developing launch capabilities, satellite constellations, space manufacturing, and orbital infrastructure. Some focus on downstream applications like Earth observation and communications, while others target deeper space ambitions. The sector's growth reflects both technological progress and shifting attitudes toward commercial space activities across Europe.