European Space Agency Director General Josef Aschbacher discusses the state of European space funding, and the need to "step up" spending. Aschbacher talks about European rocket launch capabilities and services. He speaks to Bloomberg’s Guy Johnson from the Paris Air Show.
00:00 – Europe vs US space sector
01:11 – Funding for space in Europe, public budget, need to step up spending
03:40 – Program for European resilience in space, security uses
05:25 – Possibility of defense budgets including budget for European Space Agency
06:33 – Airbus, Thales, Leonardo discussions to merge space sector sides of business
07:56 – European launch capabilities, rockets, launch services
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