LYON, France—The 22 member states of the European Space Agency (ESA) have agreed to fund the organization’s activities for a record €14.4 billion ($15.8 billion) over five years, slightly higher than the initial proposal, thus securing current programs and paving the way for more. Over the next three years, €12.5 billion will cover all ESA activities. The extra €1.9 billion is for so-called mandatory activities, including science and maintaining ...

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