ESA budget hits record €7.8B, Earth observation gets biggest slice

The European Space Agency’s budget for 2024 has hit a record €7.79bn — 10% more than last year.

The largest portion of the funds will go to Earth observation (EO), which is allocated almost €2.4bn — around 30.5% of the total.

It’s a share that reflects growing demands for satellite-based monitoring of our planet. The data can play a powerful role in…