Slovakia to join European Space Agency

Slovakia is set to become a new member of the European Space Agency (ESA) following a recent decision by the Government at its regular session on Wednesday. According to the Education, Science, Research and Sport Ministry, which submitted the proposal to this effect, thanks to joining the institution Slovakia will gain access to strategic information and valuable know-how in the area of space activities and the development of satellite services. The country could then in turn use this information to develop new and innovative products and services. The membership fee is estimated to stand at €1.4 million per year. "This money is a good investment, as 85 percent of the amount is guaranteed to return to the Slovak economy via projects carried out by our scientists," according to Education, Science, Research and Sport Minister Juraj Draxler.