Since then, the idea that the term encapsulates has come up time and again.
In 2016, it was made part of the EUs Global Strategy doctrine.
It was promoted again in late 2020, championed in particular by France.

A European launch legacy
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And this matters, because it is a step towards European independence in respect of satellite launches.
Reliable, cost-effective launches are crucial not just for deploying new satellites but maintaining existing ones.
Cutting launch costs
Ariane 6 and future European launchers are absolutely necessary.
There are some European satellites that will never be launched if they arent strapped to something European.
For that reason alone, its important that Europe continues to invest in its launch capabilities.
Ariane 6 is no white elephant: it is much more than a symbol.
No government, national or regional, has bottomless time or cash.
So whats the next move?
If Italy invests 50, it gets 50 back.
If Ireland gives 100, it gets 100 back.
This can create overheads and harm productive competition.
Fostering commercial competitiveness in space
Competition burns off inefficiencies and brings down costs.
Bogdan Gogulan has 20 years of experience in finance, product, and business development.