July 18th, 2011
01:16 PM ET

Europe's plans for the future of space travel

London (CNN) – As the United States puts its Space Shuttle programme to bed with one last blast off, Europe is putting more emphasis on exploiting what we already know about space and the technology that has been developed.

At last week’s UK Space Conference in Coventry, lectures focused on increasing investment in telecommunications and navigation systems, where the European space industry now has 40% of the worldwide commercial market.

"We have more ideas than money available, this is for sure,” said Jean Jacques Dordain, Director General of the European Space Agency. “There is an increase in investment in Europe.”

In Europe, he continued, “we are putting much more priority on knowledge and services to the citizens than exploration. But exploration is the dream part of space activities.”

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