Pentagon’s New Space Agency Seeks $10.6 Billion Over Five Years
- Up to 1,200 satellites envisioned by Space Development Agency
- Lawmakers have expressed skepticism toward fledgling agency
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A new space agency created by the Pentagon to expedite deployment of as many as 1,200 satellites plans to request almost $11 billion over five years despite skepticism in Congress toward the nascent effort.
The Space Development Agency, created in March over objections from the Air Force, started slowly with an initial setup budget of $150 million. Last month, its leaders proposed an increase to about $259 million for fiscal 2021 and then a jump to $1.1 billion in 2022, $1.9 billion in 2023, $3.67 billion in 2024 and $3.68 billion in 2025, according to figures obtained by Bloomberg News.