November 24, 2012

European Space Agency gets 10 billion euro in funding and one of the funded projects is Skylon Spaceplane

Ministers from ESA’s 20 member states and Canada today allocated €10 billion for ESA’s space activities and programmes for the years to come. Ministers secured investments for the detailed definition studies of the new launcher Ariane 6 and the continuation of the development of Ariane 5 ME adapted, with the goal to develop as many commonalities as possible between the two launchers. These activities are funded for two years with a decision on the continuation of both launchers to be taken in 2014.

Here is a 36 page document with detailed program proposals

Britain's contribution to the ESA will increase by around 30 percent to £240m a year over the next five years, as the government seeks to spur growth in the space sector.

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