KOUROU, French Guiana (CNES PR) — On Wednesday June 22, 2022, Jean-Marc Astorg, Director of Strategy at CNES, and Alain Godard, Managing Director of the European Investment Fund (EIF) signed a partnership agreement at the Guiana Space Center to support SMEs and companies intermediate sizes in the space sector. This in the presence of Kris Peeters, Vice-President of the European Investment Bank (EIB), responsible for the space and defense sector for the institution, and Marie-Anne Clair Director of the Guiana Space Center.
At the beginning of the year, the EIF and the ESA formalized a similar agreement. The agreement comes five months after the launch by Thierry Breton, European Commissioner for the Internal Market, of the CASSINI system supported by the European Union and whose implementation has been entrusted to the EIF. The CASSINI initiative, which aims to mobilize more than one billion euros, is intended to support the development and growth of start-ups in the space sector in order to stimulate private investment in this growing economic sector.
HONG KONG, Feb. 24, 2022 (HKATG PR) — HKATG [Hong Kong Aerospace Technology Group Limited ] has successfully launched five satellites for its ”Golden Bauhinia Constellation” in 2021, the aerospace development plan shows no sign of slowing down in 2022.
In January 2022, HKST announced that the Group has planned to launch two satellites named ”Golden Bauhinia Satellite No. 3” and ”Golden Bauhinia Satellite No. 4” in 2022 Q3, with the target launch time tentatively being scheduled in July 2022 and will continue to form and constitute part of the “Golden Bauhinia Constellation”.
At the same time, 25 satellites are planned to be launched in 2022 for the “Golden Bauhinia Constellation”, and the further launch of satellites this year will provide additional aerospace data as well as will boost the speed of receiving aerospace data. It’s worth noticing that “Golden Bauhinia Constellation” is the first-star chain plan of the Hong Kong aerospace industry, the whole project plans to launch 112 satellites.
BRUSSELS, Belgium, 15 February 2022 (European Commission PR) — Today, the EU is acting on its space ambitions by tabling two initiatives – a proposal for a Regulation on a space-based secure connectivity and a Joint Communication on an EU approach on Space Traffic Management (STM). Space technology is essential for facilitating our daily lives, contributing to a more digital, green and resilient future for our planet. As a major space power, the EU’s Space Programme already provides valuable data and services for a wide array of daily applications from transport, agriculture, and crisis response to the fight against climate change, to name a few.
However, due to new challenges and increased international competition, the EU’s space policy needs to constantly evolve and adapt if we want to continue enjoying freely the benefits that space brings. Today’s initiatives will help safeguard the efficiency and security of our current assets while developing European cutting-edge space technology to the benefit of our citizens and economy.
Speech by EU Commissioner for Internal Market Thierry Breton at the 14th EU Space Conference
“Check against delivery”
Dear Ministers and Member State representatives, Chère Sophie Wilmès, Honourable Members of the European Parliament, Dear friends from the space sector,
Ladies and gentlemen,
I am delighted to open this European Space Conference. It is good to see you all in this room this morning.
Europe is a space power. It has the necessary expertise, industrial capacity, start-ups and assets to weigh in on the global stage. But there is no time for complacency.
The space sector is undergoing a massive transformation.
On the one hand, the booming of private operators changes the business model of space, combining both large and small industry, space and digital ecosystems. This is a major opportunity for Europe. We need to unleash this potential.
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.
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.
Thierry Breton European Union Commissioner for Internal Market
As the European Union Commissioner in charge of EU Space policy and in particular of Galileo & Copernicus, I join the strongest condemnations expressed against the test conducted by Russia on Monday 15 Nov., which led to the destruction of a satellite in low orbit (COSMOS 1408).
This anti-satellite weapon test has caused the generation of a significant amount of debris of a size that could endanger the European Union’s space activities as well as those of our Member States.
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.
EIF attracts €300 million to support the innovation and growth of European smaller and medium-sized space technology companies under the InnovFin Space Equity Pilot,
New agreements with Orbital Ventures SCA SICAV-RAIF and Primo Space announced at the European Space Conference in Brussels.
The EIF’s participation is backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe.
LUXEMBOURG (EIF PR) — The European Investment Fund (EIF) is partnering with the European Commission, to announce €300 million of investments into the EU space sector, supporting ground-breaking innovation in the industry.
The European Union (EU) is consolidating its space programs under an existing agency that is being given an expanded mandate.
The European Global Navigation Satellite Systems Agency (GSA), which will be renamed the EU Agency for the Space Programme (EUASP), will take on managing the use of the Copernicus Earth observation satellite system and oversee new initiatives in satellite communications named GOVSATCOM and space situational awareness (SSA).
Concerned about being left behind, the European Union (EU) is looking to develop a satellite broadband constellation to keep up with systems being built by OneWeb and SpaceX’s Starlink.
BBC Newsreports that EU Internal Market Commissioner Thierry Breton believes there’s not a moment to lose.
“My objective is to go fast. And therefore it would be appropriate that the Commission puts forward this year a proposal to the European Parliament and the Council so we can move concretely,” he told the 13th European Space Conference on Tuesday.
“To be ready, we launched a few weeks ago a study on a secure space-based connectivity system. The selected consortium consisting of European satellite manufacturers, operators and service providers, telco operators and launch service providers will study the possible design and development of this project.”
“This will provide insights on the technical dimension, but also the governance structure, the financing, the missions, the exact scope. I expect their first feedback in April this year.”
[EU officials] talk about a mix of low, medium and geostationary satellites that use advanced quantum encryption, are interlinked with optical connectors, and which piggyback sensors that might also be used to monitor aviation and shipping – just as examples. But, they argue, fast, secure, low-latency, space-borne connectivity will be the must-have capability to enable a raft of coming technologies, such as self-driving cars.
EU officials are hoping to have some initial capability as early as 2024.
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.