Strategic risks

Risk register

Group assessments, not measurements. How risks are scored →

Risk matrix

Likelihood × impact. Select a risk to see the underlying assessment.

6
risks
4
critical
2
high
0
low
5 by 5 risk matrix of likelihood against impact
Likelihood ↓ · Impact →1 · Insignificant2 · Minor3 · Moderate4 · Major5 · Critical
5 · Very likely5101520R4 Deterrence versus arms race25
4 · Likely481216R5 US dependencyR6 European elections and political continuity20R1 Ambition versus capacityR2 Sovereignty versus innovationR3 Centralisation versus flexibility
3 · Possible3691215
2 · Unlikely246810
1 · Very unlikely12345
  • Low (1–4)
  • Moderate (5–9)
  • High (10–16)
  • Critical (20–25)

Risk register (6)

RiskLikelihoodImpactScore · severityConfidenceLast review
R1 · Strategic dilemma
Ambition versus capacity

European strategic ambitions may exceed available industrial capacity, financing, infrastructure and technological readiness.

⚑ Initial group assessment
4 · Likely5 · CriticalCritical20Low9 Nov 2026
R2 · Strategic dilemma
Sovereignty versus innovation

A strong focus on European sovereignty could reduce access to global innovation, competitive suppliers and commercial technologies.

⚑ Initial group assessment
4 · Likely5 · CriticalCritical20Low9 Nov 2026
R3 · Strategic dilemma
Centralisation versus flexibility

Highly centralised European programmes may create inefficiencies, slow decision-making and reduce flexibility compared with commercial actors.

⚑ Initial group assessment
4 · Likely5 · CriticalCritical20Low9 Nov 2026
R4 · Security
Deterrence versus arms race

Growing military dependence on space capabilities may increase tensions, escalation risks and vulnerability to hostile actions.

⚑ Initial group assessment
5 · Very likely4 · MajorCritical20Low9 Nov 2026
R5 · Societal and political
US dependency

Changes in US political priorities, export controls or commercial policies could affect European access to critical space capabilities.

⚑ Initial group assessment
4 · Likely4 · MajorHigh16Low9 Nov 2026
R6 · Societal and political
European elections and political continuity

Changes in European political leadership, budgets and priorities could weaken the long-term continuity of space programmes.

⚑ Initial group assessment
4 · Likely4 · MajorHigh16Low9 Nov 2026