Nepal, Sept. 26 -- Germany plans to invest 35 billion euros (about 40.95 billion U.S. dollars) over the next five years to strengthen its space security capabilities, German Defense Minister Boris Pistorius said Thursday.

Speaking at the Space Congress organized by the Federation of German Industries in Berlin, Pistorius stated that Germany would accelerate the establishment of a national space security system and collaborate with European and transatlantic partners to develop a reliable security architecture.

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To safeguard Germany's interests, security and freedom in space, the country will pursue a coordinated national strategy, promote innovation and de...