ESA CM22 Economic Impact Report [Mar/2025]
Space activities and capabilities significantly contribute to Europe’s leadership in science, technology and innovation, and support Europe’s economy and society towards more responsibility, resilience and autonomy.
Space is integral and important in our daily lives. It provides
crucial solutions and support for monitoring, early warning, and emergency
response in case of catastrophic events. Space inspires, protects future
generations and shapes our economic growth.
At the ESA Council at Ministerial level held in Paris
on 22 and 23 November 2022 (CM22), government ministers representing ESA’s Member
States, Associate States and Cooperating States resolved to together strengthen
Europe’s space ambitions, ensuring a continuous concerted effort to serve
European citizens.
Ministers confirmed that Europe’s independent access to space is crucial to secure the benefits that space brings to life on Earth – including climate change monitoring and mitigation, secure communications and navigation under European control, and rapid responses to crises. By committing to future space exploration, Europe has also committed to advancing scientific understanding, fulfilling its potential and retaining its talent for generations to come. ESA is working to ensure that essential space-based services are secure, and that Earth’s orbital space is responsibly managed.
Josef Aschbacher, ESA Director General, said: “When
faced with economic hardship, it is important to invest wisely in industries
that create jobs and prosperity in Europe. Through this investment, we are
building a Europe whose space agenda mirrors its political and future economic
strength.”
Subscriptions into ESA programmes at Ministerial Councils lead to industrial contracts for the European and Canadian space industry to deliver research and development, engineering and technical activities.
The first ever ESA CM22 Economic Impact Report quantifies the impacts of these industrial contracts across the European and Canadian economies, using a standard means of analysis called economic impact assessment.
This reflects the footprint that ESA’s CM22 programme activities leave on the economy.
It is important to note that the study does not include the additional economic impacts from the use of the space assets developed through ESA’s CM22 programme activities.
More information on the methodological approach can be found here.
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