The European Space Agency (ESA) wants to accelerate the use of space in Europe with an annual budget of € 7.15 billion, the agency said. The largest envelopes are invested in Earth Observation (€ 1.6 billion), Navigation (€ 1.5 billion), and Space Transportation (€ 1 billion). Copernicus suffers a budget shortfall of € 750 million due to the withdrawal of the UK.