As above, so below. Today Europe committed 131 billion euros to defence, security and space in next year's budget. Five times the current level, and another five billion to scale up strategic technologies. French President @EmmanuelMacron called for European demand to be pooled across operators, satellite builders and launcher companies. The Director General of @esa, @AschbacherJosef set out an increased capacity with European rockets, crew vehicles and launch systems as a platform Europe can offer the world. It is a serious programme and it deserves to succeed. Here is the part nobody said out loud today. In the 1970s and 1980s, geologists drilled a rare earth deposit at Storkwitz in Saxony, over and over. They mapped it, and documented it, and then walked away, because the cost of reaching the rock was higher than the price of importing it. Forty years later, the same continent is voting 131 billion euros for programmes that cannot be built without that rock. Niobium in the nozzle extension, roughly 90% of world production in Brazil. Germanium under every solar array, around 60% of global production is located in China and under export licence since 2023. Tantalum in the flight electronics, with Congo and Rwanda at about 63% of world mine production. Rare earths in every magnet, and Europe imports 100%. Europe is not short of deposits. It is short of a reason to reach them, and that reason has always been cost. We at @Hades are changing that. We hold the exploration licence over Storkwitz today, and the technology - our proprietary laser drill - to make deposits like it economic. As above, so below. #internationalspacesummit

Europe talks about sovereignty. And drills less than it has in decades. The new @EIB report delivers the number that should wake up everyone in Europe: to meet the targets of the Critical Raw Materials Act, Europe must increase its exploration spending tenfold. From €0.2 billion to €2 billion per year. The report makes a second point unmistakably clear: The way out of this gap runs through technology and innovation. Anyone who wants to make exploration and extraction in Europe competitive again has to tackle the most expensive, slowest part of the value chain - drilling itself, which industry data shows can account for up to 70% of total investment in an extraction project. This is exactly where we come in. Cerberus drills with lasers, not machinery. Our goal: cut drilling costs by more than 50%. Not as a marginal optimization, but as the answer to the structural bottleneck holding back European projects today. Sovereignty begins subsurface.