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WSBW 2026: Space Capital Outruns Business Models as Europe Weighs Crew Transport and China Leads Operational Launchers

The first day of World Space Business Week 2026 highlighted a widening gap between abundant investment and maturing commercial models. ESA Director General Josef Aschbacher is taking a crew-transport decision to Rome, while China accounts for 19 of the 40 operational launchers worldwide.

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Space-sector announcements span satellite inspection, rapid Earth imagery, direct-to-device connectivity and lunar exploration

Companies and agencies announced new capabilities and partnerships in Paris, including HEO’s close-range inspection of a Long March 2C, BlackSky’s first Gen-3 imagery within 20 hours of launch, Space42-Viasat’s Equatys connectivity platform, and a European lunar polar rover mission.

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EU proposes allocating half of its €131 billion 2028-34 defense and space budget to space

At the first International Space Summit in Paris, EU officials framed space as central to Europe’s security, with Commissioner Andrius Kubilius proposing that half of the bloc’s €131 billion seven-year defense and space budget go to space programs. France and Germany emphasized cooperation despite unresolved differences.

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International Space Summit details IRIS² LEO architecture and names Thomas Pesquet commander of Vast’s ISS mission

The inaugural International Space Summit in Paris produced 51 announcements, including the first detailed look at the IRIS² low-Earth-orbit architecture. Former ESA astronaut Thomas Pesquet was also named commander of Vast’s PAM-6 commercial mission to the International Space Station.

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Russia markets Su-57E, drone-like missiles and air-defense systems at Egypt’s El Alamein Airshow

Russia is using the 2026 El Alamein International Airshow in Egypt to promote the export Su-57E, S-71 drones, drone-like missiles, upgraded Ka-52 helicopters and air-defense systems, including the ZAK-30 Citadel. The showcase comes as the Su-57’s operational effectiveness remains difficult to establish publicly.

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