What Happened
Eastern European Nation Invests In High-Tech Manufacturing
Bulgaria’s government has taken a significant step towards establishing the country as a major European space hub with the approval of a draft memorandum of understanding with local company Starbase Europe to develop a new space and defense innovation hub near the capital Sofia. The project, which includes the construction of a National Center for Observation, Coordination and Management through Space Data, is part of the government’s efforts to invest in the knowledge economy and high-tech manufacturing. Local space companies, such as Sfera Technologies, are also expanding their capabilities, with plans to support around a dozen satellites by the end of 2026. This development was first reported by SpaceNews.