Hungary has started preparing its first space law, a key initiative alongside the establishment of a National Space Agency, according to Economic Minister Márton Nagy. The move aims to strengthen the country’s space sector and align it with European Union regulations.
Speaking at the topping out ceremony of REMTECH Space Technologies centre in Martonvásár, Nagy emphasized that Hungary is actively monitoring the development of the EU’s space law, which will significantly shape the national legislation.
The Hungarian space strategy, first adopted in 2021, is also undergoing an update to reflect evolving space industry trends and technological advancements. To ensure the strategy effectively supports national capabilities, the government has launched an EU-wide consultation to assess the needs and challenges of Hungarian space industry players.
The new REMTECH Space Technologies centre, a major milestone for Hungary’s space sector, will enhance the country’s satellite manufacturing capabilities. Nagy highlighted that space technologies are not just an economic opportunity but also a matter of national security and sovereignty. A key goal is to launch a new Hungarian satellite by early 2027.
Global trends also point to a rapidly growing space economy: the number of satellite launches has increased by 50 per cent annually, while launch costs have fallen tenfold over the past two decades. These advancements make space more accessible and commercially viable.
‘The role of space in tackling global challenges is growing daily, from disaster warning systems to telecommunications advancements and national security applications,’ Nagy stated.
Hungary aims to become a key player in the peaceful use and exploration of space, building on its 10-year membership in the European Space Agency (ESA). In collaboration with ESA, the Hungarian government has launched a 3.5 million euro funding programme in 2025, exclusively for Hungarian companies. These funds will support projects such as the development of domestic communications satellites and technological advancements in lower-tier space projects.
Looking ahead, Hungarian companies will have access to 322 million euros in space-related funding over the coming years.
Hungary’s most significant space industry investment is being led by REMRED Ltd and 4iG Space & Defence Technologies Ltd. Their ambitious plan includes launching a telecommunications satellite between 2028 and 2032, equipped with six high-resolution cameras and two radars for Earth observation.
A team of over 130 engineers and technicians is currently developing and testing the small satellite at the Martonvásár facility, which will serve as Hungary’s hub for satellite production and advanced space systems.
The REMTECH Space Technologies centre, a 10 billion euro investment, will create at least 85 high-value jobs. The facility, spanning 4,000 square metres, will house Europe’s first modular satellite manufacturing facility, with cleanrooms, laboratories, and offices. By 2026 it will be capable of producing and testing satellites weighing up to 400 kg, setting Hungary on a path of becoming a major space industry player.
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