AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

European ministers approved a 1.4-billion-euro ($1.5-billion) lifeline Friday for plans to place a life-seeking rover on Mars and maintain a presence on the International Space Station. Funding for the prestige projects represented a big chunk of investments totalling 10.3 billion euros approved at a two-day meeting of the European Space Agency (ESA) ministerial council, its boss announced.
Cash concerns have long cast a shadow over Europe's plans to finally send a rover to Mars and to remain involved in the ISS with partners America, Canada, Japan and Russia. ESA had warned ahead of the meeting in Lucerne, Switzerland, that the talks could be "challenging" given "the current economic and political situation in Europe". Matters were not helped by a 230-million-euro test lander, designed to lay the groundwork for the planned rover, smashed into the Red Planet in October. But ESA director general Jan Woerner announced Friday that ministers from ESA's 22 member states plus Slovenia and Canada, which constitute the council, had agreed on "a big amount of money for the future."
"It allows us to really go forward," he said at a press conference webcast from Lucerne. The government portfolios of the "space ministers" present ranged from trade, economy and technology to higher education. They agreed to invest 1.45 billion euros up to 2021 in space exploration - including about 960 million for the ISS and an extra 436 million for the ExoMars project. Some 3.8 billion was earmarked for ESA science, research and development up to 2021, 1.3 for telecommunications projects until 2024, and 1.6 billion for satellite launchers until 2023.

Copyright Agence France-Presse, 2016

Comments

Comments are closed.