European satellite technology on a global scale

Major European satellite makers are looking at teaming up as they face competition from Elon Musk’s Starlink, with Airbus this week announcing 2,500 job cuts in defence and space. The head of the European Space Agency (ESA) has said the region’s space industry needs the muscle to compete globally, warning Europe risks falling behind in the new space race. The manufacturers have traditionally been geared towards one-off satellites in geostationary orbit, deploying ambitious but costly technology. They face increasing competition from small satellites in low Earth orbit built at much lower cost. Do you think that the European Union is lagging behind in technology ?