The European Commission has proposed a new EU Space Act to create a unified and competitive single market for space services and data, in a move to strengthen Europe’s position in the rapidly growing global space sector.
The regulation, presented on Wednesday (25 June), seeks to streamline fragmented national rules, ensure fair competition, and protect EU space infrastructure, while offering targeted support for small and medium-sized enterprises across the space industry.
“This fragmentation is bad for business, bad for competitiveness, bad for our future in space,” said EU Commissioner for Defence and Space Andrius Kubilius, calling the initiative essential to securing Europe’s economic and strategic interests in space.
“The Space Act will allow us to grow in space. And growth in space means growth and jobs on Earth and in space,” he added.
The plan would apply to both EU and non-EU commercial operators, though it excludes military space activities.
The move comes as Europe faces growing pressure to catch up with major players like the U.S. and China, which have scaled up both public and private investment in space technologies.
The global space economy, valued at €572 billion ($668 billion) in 2023, is forecast to nearly triple by 2035, potentially reaching €1.6 trillion ($1.87 trillion), according to the Commission.
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The 3 July edition of AnewZ's Daybreak focused on major international developments, from escalating tensions in Ukraine and the Middle East to Europe's evolving security role and growing geopolitical engagement in the South Caucasus.
The third stage of the Tour de France will be closed to spectators on Monday (6 July) after a fast-moving wildfire in southwestern France prompted exceptional safety measures, organisers and local authorities announced.
Wildfires are continuing to burn across southern Europe, forcing people from their homes, damaging property and stretching emergency services as high temperatures and dry conditions create ideal conditions for fast-moving fires.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
The death toll from Venezuela's devastating twin earthquakes has risen to 3,342, according to the country's information ministry, as rescue teams continue searching affected areas and survivors face an uncertain recovery.
Mexico's national football team has returned luxury Rolex watches gifted by American content creator Stevewilldoit after concerns that they could conflict with FIFA's ethics rules.
Governments are tightening restrictions on teenagers’ use of social media amid growing concerns over mental health, online safety and platform design, but questions remain over enforcement and whether bans can meaningfully change behaviour.
President Donald Trump said Iran is keen to reach a deal with the United States, claiming Washington had paused engagement to allow funeral ceremonies for late Iranian Supreme Leader Ali Khamenei.
Thousands of mourners gathered in Tehran on Sunday as Iran held funeral prayers for Ayatollah Ali Khamenei and four members of his family on the second day of mass processions. Three of Khamenei's sons attended the ceremony, while his successor, Mojtaba Khamenei, made no public appearance.
Humanoid robots stumbled, collided and recovered as they battled for the RoboCup 2026 football title on Sunday (5 July), showcasing the latest advances in robotics and artificial intelligence at the world's largest competition of its kind.
India is investigating a data breach at Tata Electronics that exposed sensitive documents linked to Apple's unreleased iPhone 18 Pro, marking the government's first public comments on the incident.
Humanity’s return to the Moon is about far more than planting flags and collecting samples. Under NASA’s Artemis programme, the goal is to establish a lasting human presence, with lunar rovers set to play a vital role in making that vision possible.
American technology company Snap has launched its first augmented-reality (AR) glasses for consumers, marking a major push into wearable computing as tech firms race to redefine personal devices in the AI era.
The Canadian government has introduced a digital safety bill that would ban children under the age of 16 from using social media, unless platforms meet specific safety standards.
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