PARIS, Jan. 12 (Xinhua) -- France will invest 500 million euros (609.5 million U.S. dollars) in boosting innovation in the space industry in an attempt to battle outgrowing U.S. and Asian competition, President Emmanuel Macron said on Tuesday.
During his visit to ArianeGroup aerospace company in Vernon, northern France, Macron said the two-year investment plan "will cover innovations related to carrier rockets, speed up our projects and ... allow us to go faster in global competition."
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