CyprusCyprus invests €13.5m to boost role in European space economy
Cyprus has committed €13.5 million to European Space Agency programs for 2026-2028, aiming to strengthen its domestic space industry and expand its role in Europe's growing space economy.
Background
Cyprus, a member of the European Union, has been actively developing its economy and seeking to diversify its industries. This investment reflects a broader trend among smaller EU nations to carve out specialized roles within the larger European economic and technological landscape, particularly in emerging sectors like the space economy.
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Cyprus invests €13.5m to boost role in European space economy
First report 12h agoLast update 12h ago1 takes 1
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started 12h ago•Last update 12h ago
Cyprus is actively investing in space programs to develop its technology businesses and increase its participation in the European space economy.
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