Tuesday, February 14, 2012
   
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French Stimulus Package Includes up to $1 Billion for Space Agency

SPACE NEWS -- The French space agency, CNES, is counting on an unforeseen cash injection of up to $1 billion from France’s economic stimulus package in the coming weeks to enable it to start programs that otherwise would not be funded even as it finances and reduces its debt to the European Space Agency. Other possible use of funds include support, either in co-financing of hardware or in the advance purchase of capacity, of the Spot 6 and Spot 7 commercial Earth observation satellites under construction by Astrium Satellites. Read More
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