Big growth

How Austro-Space wants to ignite the turbo

Austrian companies are represented with their technology on numerous space missions.(Bild: NASA)

According to a McKinsey study, the space industry is set to take off worldwide in the coming years. Annual growth of 9 percent is realistic. A turnover of 1.8 trillion is forecast for 2035. The "Krone" has taken a look at which domestic space companies want to take off.

Austrian companies also want to benefit from this ever-increasing global turnover. The industry in Austria currently has a turnover of over 200 million euros. The head of the European Space Agency is also an Austrian, Josef Aschbacher from Tyrol.