In this episode of Space Café Radio, we have an insightful conversation with Dr. Ernst Pfeiffer, the CEO of HPS Group and Chairman of the German Space SME. Our host, Torsten Kriening, publisher at SpaceWatch.Global delves into the current state of the German and European space markets. Moreover, we explore the potential repercussions of the proposed German space budget cuts amounting to 180 million euros, anticipated for confirmation by the government by the end of 2023.