ESA to Open Centre for Space Economy and Commerce

PARIS (ESA PR) — Entrepreneurs, fledgling firms and established space companies are to receive a boost with the launch of the European Centre for Space Economy and Commerce.

The ESA centre aims to create jobs and prosperity in Europe by fostering a fertile environment to promote the development of the space economy and boost the commercialisation of space in Europe. It will encourage disruptive innovation and foster partnerships between professionals and enthusiasts.

The European Centre for Space Economy and Commerce will be launched at an event on 4 July that will be livestreamed from the European Space Policy Institute in Vienna, Austria, where it will be based.

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Smarter Satellites: ESA Discovery Accelerates AI in Space

Demonstrating the potential of AI for Earth observation, ɸ-sat-1 is an artificial intelligence experiment carries on the Federated Satellite Systems (FSSCat) mission. (Credit: ESA)

PARIS (ESA PR) — Could we capitalise on the Earth-based digital revolution to make our satellites smarter?

ESA Discovery is funding 12 projects that will explore the potential of applying the latest developments in artificial intelligence (AI) and advanced computing paradigms to make satellites more reactive, agile and autonomous. This could generate new practical applications that support life on Earth and our exploration of other planets.

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Ariane 6, Vega-C, Microlaunchers: ESA Looks to Full Range of Launch Options for European Institutional Missions

Artist’s view of Ariane 6 and Vega-C. (Credit: ESA – D. Ducros)

PARIS (ESA PR) — ESA Director General Josef Aschbacher today underscored the Agency’s determination to ensure that ESA’s work in space is not derailed by the tragic events in Ukraine. Mr Aschbacher stresses that work continues to assess the impact on each ongoing programme, including on missions affected by Roscosmos’ withdrawal of Soyuz launch operations from Europe’s Spaceport in French Guiana.

In addition, ESA is preparing proposals that, if endorsed by its Member States, will further support European microlauncher services to complement the Ariane and Vega programmes, which form the backbone of Europe’s space transportation capability.

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European Space Summit Seeks to Boost Competitiveness, Protect Environment & Launch Independent Human Spaceflight Program

Credit: ESA

PARIS (ESA PR) — European leaders will reaffirm plans to launch Europe on a world-leading trajectory during a high-level space summit to be held on 16 February in Toulouse, France.

Urgent action is needed to tackle the unprecedented societal, economic and security challenges faced by Europe – from the climate crisis and its consequences to threats to crucial infrastructure in space and on Earth.

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ESA Ministers Agree to Accelerate Use of Space in Europe

MATOSINHOS, Portugal (ESA PR) — Government ministers in charge of space activities in ESA’s Member States today met at an Intermediate Ministerial Meeting held in Matosinhos, Portugal.

The Council of Ministers unanimously adopted a Resolution to accelerate the use of space in Europe (the “Matosinhos manifesto”) to tackle the urgent and unprecedented societal, economic and security challenges faced by Europe and its citizens.

The Resolution defined three “accelerators” to bring Europe’s space ambitions to the next level, mandating the ESA Director General to develop their governance and funding concepts, in concert with the Member States.

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New ESA Advisory Report Recommends Urgent Steps to Accelerate Europe’s Use of Space

by Douglas Messier
Managing Editor

With warnings about an imminent climate crisis and decreasing competitiveness, an independent advisory group has recommended the European Space Agency (ESA) urgently transform the way it uses space by establishing accelerators in three key areas leveraging commercialization, user-driven approaches and science, technology, engineering and mathematics (STEM) education.

“While space has the potential to enable effective and resilient solutions to tackle major societal challenges, it remains underutilised,” the advisory panel wrote. “The ESA Director General should investigate options for increasing the societal and economic impact of space, prioritising user-driven solutions and leveraging commercialisation, through a new concept of action, Accelerators, building on ESA’s programmatic capacities and acquired excellence.”

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Putting Earth Observation into ‘the Market Perspective’

GOES-16 full disk GeoColor image from October 16, 2019. GeoColor is an RGB that approximates what the human eye would see from space. (Credit: NOAA/CIRA)

PARIS (ESA PR) — With a boom in the global market for Earth observation information and data products, participants at this year’s Φ-week conference have been digging deep into the ‘market perspective’. This important topic includes how to gain a better understanding of what governments, industry, the public and other users of Earth observation products and services need and expect to create value for society and the economy.

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Spotlight on Climate and the New Space Economy

Kicking off with a bold flourish, Φ-week 2021 promises to bring space even closer to the forefront of addressing society’s biggest challenges, namely issues associated with the climate crisis, while boosting the economy through transformative New Space, artificial intelligence, and quantum and cognitive computing. (Credit: V. Stefanelli)

PARIS (ESA PR) — Kicking off with a bold flourish, Φ-week 2021 promises to bring space even closer to the forefront of addressing society’s biggest challenges, namely issues associated with the climate crisis, while boosting the economy through transformative New Space, artificial intelligence, and quantum and cognitive computing.

ESA’s Φ-week is now in its fourth edition, and each year this forward-looking event is increasingly relevant to society, business and the economy.

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Commercialisation of the Space Sector: What Can ESA Do in Europe?

Josef Aschbacher (Credit: ESA–Philippe Sebirot, 2016)

by Josef Aschbacher
Director General
European Space Agency

There is no need to point out the importance of commercialisation in the space sector. It has been implemented and visibly demonstrated in all corners of the world. The commercialisation of space has entered a new dimension with the digital sector massively investing in the space sector, giving it the attention, credibility, funding and even celebrity the American space industry needed to grow colossally and at a very quick pace. Its success set off a ripple effect overseas, encouraging similar investments in space industries in Japan, China, India, UAE, to name a few. Around the globe, countries have been further encouraged to heavily invest in space after being woken up to the great economic, societal and strategic benefit potential the sector promises.

Certainly, the US has led the way more than a decade ago, but today basically every country puts a huge emphasis on putting the commercial sector into the driving seat for “NewSpace” projects, however you may wish to define NewSpace.

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ESA Competition to Springboard SMEs into International Markets

Italy, the Alps and the Mediterranean. (Credit: ESA/NASA).

PARIS (ESA PR) — Today, ESA opened its Global Space Markets Challenge. This competition is intended to be a springboard into international markets for small promising space-based companies in Europe, specialised in upstream and downstream activities.

Developments within small European companies continue to advance Europe’s expertise in technologies, create jobs, stimulate the space economy and benefit daily life through applications such as telecommunication, science data, Earth observation and navigation. This competition serves to extend their reach into international markets.

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