The geopolitical scene of space activities fluctuates as more and more actors are engaged in exploration and use of outer space in many revolutionary ways. These changes have to be reflected in future European space strategy in order to guarantee that Europe will maintain its position among space leaders. This paper analyzes the current Europe"s space policy and confronts it with nowadays global challenges in the space sector. The ultimate aim of the article is to recommend a well-adjusted space strategy to assure effective and sustainable exploration and use of outer space for the benefit of all European States.
