The Strategic Roundtable on Finance and Investment for the Italian Space Economy was held in Milan, bringing together the Minister for Enterprises and Made in Italy, Senator Adolfo Urso, the Minister of Economy and Finance, Giancarlo Giorgetti, representatives of Parliament and Government, AIAD, ASAS and AIPAS representing the national space industry, Confindustria, the banking and financial sectors, investment funds, and leading industry players. Minister Giancarlo Giorgetti concluded the event during a closed-door session.
The initiative was promoted and organized by the Parliamentary Intergroup for the Space Economy in collaboration with the Italian Space Agency (ASI), with the support of COMINT and UPSA, under the patronage of the Lombardy Region and Assolombarda, and with the support of Inrete – Institutional Relations and Communication, SDA Bocconi SEE Lab, and the contribution of the PwC Foundation.
Hosted at PwC's Libeskind Tower in Milan, the Italian Space Economy General Assembly once again confirmed its role as the country's leading forum for discussing the future of Italy's space sector. The event represents one of the milestones of Spazio Italia 2.0 – Italian Space Economy General Assembly 2026, and was organized to foster dialogue among Parliament, Government, the national space industry, financial institutions, and economic stakeholders. The objective is to develop, through a shared vision, new financial instruments, regulatory frameworks, and industrial policies capable of supporting the implementation of Italy's space strategy over the next decade, strengthening the country's participation in major international space programs with ESA, NASA, and other government space agencies, reinforcing Italy's independent access to space, and further expanding the national and commercial Space Economy through a more effective and coordinated mobilization of private capital alongside public investment.
The discussions took place against the backdrop of a period of strong growth for Italy's Space Economy. Between 2021 and 2024, the sector's turnover rose from €1.9 billion to €3.1 billion, while employment increased from 5,900 to 8,900 people. The industry's international outlook has also strengthened significantly: aerospace exports grew by 23.3% compared with 2022, while foreign investment increased by 37.1%. In 2025, the Italian Earth Observation services market reached €340 million, representing 73% growth compared with 2022—outperforming the broader European market, which grew by 65%. Globally, the space economy is expected to generate $1.79 trillion in revenues by 2035 and remains one of the sectors with the highest investment multipliers. According to the European Space Agency (ESA), every euro invested in space programs can generate up to €4 in economic value and attract up to €2.8 in additional private investment.
Throughout the discussions, participants emphasized that the Space Economy has become an increasingly strategic sector, combining advanced manufacturing, digital technologies, scientific research, and innovation while enabling applications across telecommunications, Earth observation, mobility, defense, environmental sustainability, and the management of critical infrastructure. Italy's industrial and technological capabilities position the country among Europe's leading space nations, making a shared long-term vision among institutions, industry, and the financial sector essential to ensuring its future competitiveness.
Photo: Press Office of the Parliamentary Intergroup for the Space Economy
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14 July 2026
