EUSPA Publishes Earth Observation and GNSS Market Report

PRAGUE, Czech Republic (EUSPA PR) — To help you better appreciate and reap the full benefits of space technology, EUSPA experts compiled the EUSPA EO and GNSS Market Report.  The 216-page long release is the ultimate guide to anyone who seeks to make the EU Space technologies part of their business plan, develop new space downstream applications and see a tangible return on investment.

More than ever society relies on innovative solutions to deal with the big data paradigm, respond to and mitigate climate change, natural and man-made disasters, curb the spread of diseases and strengthen a global supply chain that underpins our daily lives. Earth Observation (EO) and Global Navigation Satellite System (GNSS) data is becoming increasingly important to these innovative solutions through dozens of applications that are emerging or already in use by citizens, businesses, governments, industry, international organizations, NGOs, and researchers around the world. In 2021, GNSS and EO downstream market generated over 200 billion euros revenues and are set to reach almost half a trillion over the next decade.

(more…)

EUSPA to Further Boost Space Investments with CASSINI Entrepreneurship Fund

PRAGUE (EUSPA PR) — The European Commission, the EU Agency for the Space Programme (EUSPA), the European Space Agency (ESA), and the European Investment Fund (EIF) committed to multiplying the benefits of space technology to businesses. This initiative implies attracting more private investment funds, running capacity building activities, sharing expertise, organizing matchmaking, and promoting the markets. CASSINI is central to this endeavour.

DG DEFIS Director-General Timo Pesonen, EUSPA Executive Director, Rodrigo da Costa, ESA Director-General Josef Aschbacher, Chief Executive of the European Investment Fund Alain Godard gathered at the Egmont Palace in Brussels on the occasion of the 14th edition of the European Space Conference 2022. During this event, they agreed on the principles of cooperation to support SMEs in the space sector, fostering on exchange of information and engaging in joint cross-functional actions towards space entrepreneurship. 

Dedicated to promoting the commercialization of Galileo, EGNOS, and Copernicus data and services to increase the market share of the EU space actors, EUSPA has been engaging with companies of all sizes from a broad spectrum of industries, many of which had not used space services in their activities before.

Through capacity-building, and supporting their access to financial resources, mentoring and market know-how, EUSPA helps to create breakthroughs for space entrepreneurship. 

The ‘’New Space’’ paradigm is however reshaping the industry’s landscape resulting in a greater need for better access to risk capital and other forms of growth financing. Anticipating this need, EUSPA is ready to take EU space entrepreneurship to the next level by leveraging investments, its know-how and capacity building within CASSINI Space Entrepreneurship Growth Funding Initiative, together with European Investment Fund, the European Commission, and the European Space Agency.   

These organisations are committed to bringing together their expertise and experience to leverage new investment support for the European space-based economy. The common objective is to create high-skilled jobs in the EU and improve the day-to-day lives of Europeans by supporting innovative companies and accelerating the development of new applications that use European global navigation satellite systems and earth observation services.

‘’EUSPA has a long history of cooperation with the European Investment Bank group and other private and public investors. I am pleased to see that today we reinforce our collaboration to support developing innovative, creative, and successful companies using EU space technologies,’’ said EUSPA Executive Director, Rodrigo da Costa. ‘’It is another step to contribute to the growth of the EU Space industry and its market share to boost our common economy in this very competitive global environment,’’ he concluded.

For more information, visit http://www.euspa.europa.eu.

EU Space: $1 Billion CASSINI Investment Fund Launched to Spur European Competitiveness

BRUSSELS (European Commission PR) — On the 25th of January 2022 in Brussels, and in the context of the CASSINI Initiative, European Commissioner for Internal Market Thierry Breton signed a joint statement, together with Vice-President of the European Investment Bank Kris Peeters and Chief Executive of the European Investment Fund Alain Godard, officialising their joint commitment for the “Cassini Seed and Growth Funding Facility.

The objective of this €1 billion space investment fund is to attract more venture capital funds to become active investors in European small and medium size companies developing space technology and digital services using space data.

(more…)

Arianespace to Launch Eight New Galileo Satellites

Artist’s view of the configuration of Ariane 6 using four boosters (A64) (Credit: ESA – D. Ducros)
  • ESA and EUSPA have confirmed that Arianespace will launch eight additional Galileo satellites.
  • Arianespace will launch the first two satellites in 2022, leading to the Full Operational Capability of Galileo open service. Then, three successive launches on Ariane 62 in 2023, 2024 and 2025, will finalize the launch of the first generation of Galileo satellites and will increase the constellation resilience.
  • These will be the 13th to 16th Galileo missions by Arianespace, which has orbited all satellites in the constellation.

Évry-Courcouronnes, France, January 6, 2022 (Arianespace PR) — The European Union Agency for the Space Programme (EUSPA) has chosen Arianespace to launch four new Galileo satellites for Europe’s own satellite navigation system. With this order, EUSPA takes over the role of placing launch services contracts for Galileo from ESA, which acted so far in the name and on behalf of the European Commission and will continue to be the technical authority for these launches.

(more…)

Two New Satellites Mark Further Enlargement of Galileo

Soyuz rocket lifts off with the Galileo 27 and 28 satellites. (Credit: Arianespace webcast)

KOUROU, French Guiana (ESA PR) — Europe’s largest satellite constellation has grown even bigger, following the launch of two more Galileo navigation satellites by Soyuz launcher from Europe’s Spaceport in French Guiana on 5 December. Galileo satellites 27-28 add to an existing 26-satellite constellation in orbit, providing the world’s most precise satnav positioning to more than 2.3 billion users around the globe.

(more…)

EUSPA Launches #myEUspace Competition, More Space for EU Innovation and Entrepreneurs

PRAGUE (EUSPA PR) — The European Union Agency for the Space Programme (EUSPA) launches myEUspace competition. The EU prize contest targets innovators and entrepreneurs ready to explore, develop and commercialise innovative solutions that leverage EU Space data and services, going beyond the current space-applications horizon, and fusing and testing new technologies in location-based services, smart mobility, smart agriculture, geomatics, and for the first-time, quantum technologies.

Building on the success of the previous competitions and with an amplified scope of activities, the European Union Agency for the Space Programme (EUSPA) announces the launch of myEUspace competition. The increased availability of space-based data and services and the evolution of mobile and computing technologies are pushing the bar of innovation higher allowing for the development of more ambitious applications that rely on Galileo’s accurate positioning paired with Earth observation data generated by Copernicus, while exploring new opportunities from Quantum technologies.

(more…)

ESA, European Union Sign New Partnership Agreement on Joint Space Programs

PARIS (ESA PR) — After months of constructive negotiations, ESA and EU signed today a new Financial Framework Partnership Agreement (FFPA) in a ceremony to celebrate the launch of the new EU space programme.   

This will mark a fresh start for space activities in Europe and represents an important step forward in the relationship between ESA and EU. It is also one of the top priorities of Agenda 2025, the roadmap of ESA’s Director General Josef Aschbacher.

“This is a major achievement for ESA, recognised for its scientific excellence and technical expertise in designing space systems and ground facilities for the benefit of European citizens,” said ESA Director General Josef Aschbacher.

(more…)

European Union Space on New Trajectory with Launch of EUSPA

PRAGUE (EUSPA PR) — The European Union Agency for the Space Programme, EUSPA, is launched today marking the start of a new era for EU Space. Building on the legacy of the European GNSS Agency, EUSPA will take on more responsibilities to create even more opportunities from Space for EU citizens and its economy.

The adoption of the Regulation establishing the new EU Space Programme on April 27 marks a new beginning for the EU Space Programme and for the European GNSS Agency (GSA), which has now officially evolved into EUSPA, with an expanded mandate and new responsibilities.

(more…)

European Commission Welcomes Political Agreement on EU Space Program

European GNSS Agency (GSA) to evolve into European Union Agency for the Space Programme, with expanded duties and responsibilities

BRUSSELS (European Commission PR) — The Commission welcomes the political agreement between the European Parliament and the EU Member States on the European Union Space Programme proposed by the Commission in June 2018. Trilogue negotiations have now concluded with the political agreement, pending the final approval of the legal texts by the European Parliament and the Council. The EU Space Programme will bring all existing and new space activities under the umbrella of a single programme.

Thanks to the financial envelope of €13.202 billion agreed by the co-legislators, the EU Space Programme will ensure the further development of the current European flagship programmes, Copernicus for earth observation and Galileo/EGNOS for satellite navigation.  It will also enable the launching of European initiatives in satellite communication (GOVSATCOM) and on Space Situational Awareness (SSA) for the protection of space infrastructure from space debris.

(more…)