Catalysing new space ventures with ESA’s Earth Observation Commercialisation Forum

Catalysing new space ventures with ESA’s Earth Observation Commercialisation Forum

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26/09/2024
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Happening at KAP Europa in Frankfurt, Germany, from 27 to twenty-eight November 2024, the second ESA Earth Assertion Commercialisation Dialogue board will convey collectively stakeholders from the Earth assertion and space commercialisation sectors, along with end clients, space commerce players, entrepreneurs, private and public consumers and policymakers to debate and promote enterprise alternate options in Earth assertion.

The event is a crucial part of ESA’s broader method to strengthen the monetary return from Earth assertion investments to guarantee that space know-how contributes to sustainable monetary growth.

The ESA Earth Assertion Commercialisation Dialogue board (ESA CommEO) is a collaborative initiative by ESA’s Earth Assertion Programme along with the Commercialisation, Enterprise and Competitiveness directorate to foster the commercialisation of Earth assertion space utilized sciences and firms.

To assist the enlargement of space-related firms and startups, ESA CommEO choices devoted events, workshops and networking alternate options to connect fully totally different stakeholders, providing information and insights on market developments, showcasing success tales and progressive choices and offering platforms for pitching ideas and enterprise plans to potential consumers.

Advancing the commercialisation of space in Europe is part of ESA’s Agenda 2025. The fast-growing Earth assertion sector gives many prospects that private firms can capitalise on, from satellites and ground infrastructure to value-added firms that deal with real-world desires with information from space.

A analysis by Novaspace found that the world Earth assertion satellite tv for pc television for computer market is anticipated to develop significantly between 2024 and 2033, with the number of Earth assertion satellites in orbit anticipated to triple, as a result of the manufacturing market grows by 40% and the launch market by 55%.

An estimated 5400 Earth assertion satellites are predicted to be launched over the next decade, creating $131 billion and $40.1 billion in manufacturing and launch revenues, respectively.

Following the success of the first modelthis second ESA CommEO may be on the intersection between Earth and native climate initiatives, and Earth assertion commercialisation, with the underlying theme – ‘Addressing native climate challenges and alternate options with Earth assertion for human and planet prosperity’.

This event will highlight the importance of strengthening EU competitiveness, by taking synergistic actions involving all European stakeholders – for example, boosting commercialisation for a inexperienced and digital Europe as described in ESA’s Agenda 2025.

ESA CommEO will start with a welcoming message from ESA Director Primary, Josef Aschbacher, adopted by reveals from Simonetta Cheli, Director of Earth Assertion Programmes, and Géraldine Naja, Director of Commercialisation, Enterprise and Competitiveness.

The session will embody representatives from the German Space Firm (DLR), commerce, consumers and totally different European institutions, focusing obtainable in the marketplace standing and developments. ESA CommEO will host a keynote from Alexander MacDonald, Chief Economist at NASA, who will share NASA’s view on Earth assertion commercialisation.

One among many cornerstones of ESA CommEO is the Earth assertion journey from the commerce to consumers, from every standpoints. All through these two days, attendees can have the possibility to find the companies’ views and approaches to consumers, their journey, what are the first drivers for Earth assertion funding, and the best way every firms and consumers must adapt their enterprise model to face current challenges.

Matchmaking lessons will give entrepreneurs, startups and consumers the possibility to fulfill in particular person and deal with potential future partnerships.

Following the theme of ‘Inexperienced and Sustainable Future Alternate options for the EO commerce’, the event will deal with the end-user perspective on what’s required from Earth assertion utilized sciences, in synergy with totally different info industries, to boost the human and planet prosperity and to contribute to a greener, additional sustainable future.

The event could even embody the CommEO Awards for startups with progressive ideas, specializing in the agriculture, decarbonisation and inexperienced finance markets. The deadline for features by the use of ESA’s Open Space Innovation Platform is 31 October 2024.

Chosen candidates may be invited to pitch their ideas on the event rising their visibility to potential objective markets, consumers and industrial actors.

Chosen firms will showcase their merchandise and achievements on the Demo Corners. occasions can apply proper right here until 30 September 2024.

As the next ESA Council at Ministerial Stage (CM25) approaches, the event will kind the next steps in course of the European administration of the worldwide Earth assertion enterprise market.

Alongside representatives from the European Charge, ESA Member States Delegations, commerce and consumers, ESA will current its added price as enabler, companion and purchaser – emphasising the importance of standardising recurring industrial merchandise and interfaces to permit the scaling-up and affordability of varied Earth assertion applications architectures.

Additional information on the Earth Assertion Commercialisation Dialogue board and knowledge on recommendations on how one can register could also be found on the event site.

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