I know the feeling, I'm also in Europe working in the satellite communication industry, that's how I know we're far behind USA or China. As you say, nobody cares, even myself lately.. got tired of being underpaid in a place where nobody really cares about anything, all they do is talking, meetings and promises but nothing good ever happens. Wish I can change my career while I still can, before I get too old..

Because many projects are done just to spend free european funds, no one really cares about the result.

Europe is far behind in space technology. It's relying mostly on American equipment. They are not willing to spend huge amounts of money in research. Even when they spend funds it's usually a waste of time and money due to corruption and bad management.