US space companies are accelerating their expansion into Europe, exemplified by SES’s partnership with Lynk Global to leverage MEO relays for European operations. This trend aligns with increased defense spending and a push for sovereign space capabilities, highlighted by the €10.6 billion IRIS² satellite initiative. Companies such as AST SpaceMobile and Rocket Lab have also announced European ventures, signaling growing transatlantic collaboration. Despite challenges for established players like Airbus, European space startups remain attractive to investors, securing four of the 15 largest global space funding deals last year. This shift reflects Europe’s increasing role in the global space economy, with heightened interest in satellite communications and defense-related space projects.
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