The European aerospace giant EADS has formally opened a high technology demonstration laboratory at its Ottobrunn, Germany facility.

The UK is putting £12 million into an International Space Innovation Centre and has announced the establishment of a UK Space Agency.

A new centre for virtual engineering to support the aerospace sector is to be set up at Daresbury Laboratory in Cheshire.

The UK government has agreed to provide Airbus with a repayable launch investment for the development of the A350 XWB, a family of three large civil aircraft.

The ESA Business Incubation Centre in Oberpfaffenhofen has been launched as a hub of aerospace research, operations and related companies.

The European Commission has ordered Italy to pay back €270M of loans for aeronautics R&D after rules on state aid were broken.