GMV Joins Net Zero Space Initiative to Eliminate Space Debris

  • The use of outer space and the more than $1 trillion in benefits estimated for 2030 is threatened by rising orbital pollution
  • There is an urgent need for all stakeholders in the space market to reach a consensus on its safe and sustainable use
  • GMV is a world reference in the study, monitoring and prevention of space debris proliferation, with more than 20 years of experience in this market

MADRID, Spain (GMV PR) — The space environment is becoming increasingly polluted due to the proliferation of objects orbiting in an uncontrolled manner around the earth, particularly in low and geostationary orbits (the most interesting for use and exploitation). Estimates suggest that there are more than one million objects larger than 1 cm capable of causing potential damage of various kinds, and the number is increasing at a dangerous rate. To ensure a sustainable use of space, various key players in the space industry (*), including GMV, have launched the international initiative called Net Zero Space.

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Net Zero Space Declaration Nets 11 Signatories

The scales of the space debris problem (Credit: ESA)

Eleven space stakeholders have pledged themselves to avoiding the future generation of space debris and remediating the junk that is already clogging up Earth orbit by signing the Net Zero Space Declaration last week.

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SpaceFounders Startups Move Forward into Boost Phase

TOULOUSE, France (CNES PR) — After meeting in Munich in early September, SpaceFounders, CNES ‘100% space-based Franco-German acceleration program, moved to Toulouse, from October 11 to 15, for a week of intensive work with the 10 winning European startups. The program entered its “Boost” phase, which aims to accelerate each startup, in particular by establishing relationships with customers, partners, suppliers and key resources from European aeronautics and space capitals.

Soon, the winning startups will enter the third phase of the program, that of seeking funding, in particular through the organization of Demo Days. The Paris Demo Day will take place on November 25 at the Hôtel de la Marine and will be organized in two stages. Privileged meetings with investors, partners or large institutional clients will be followed by a sequence on CNES’s commitment to support the European ecosystem of space startups to face space giants and startups from the United States and from Asia.

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