The EU space programmes Copernicus and Galileo open new opportunities across all industries. Notably, the high precision systems of Galileo enable the creation of new services and applications across the agriculture industry where rising global food demand and limited natural resources require an increase in agricultural profitability and production. These requirements not only form the main drivers of precision farming techniques, but also the increase in sustainable farming solutions.
Satellite Navigation is a key enabling technology and innovation driver for the modern economy. With Europe developing and launching its own GNSS systems, political interest has never been higher and this momentum offers great possibilities for businesses in Europe.
SpaceTec is at the forefront of satellite navigation, helping institutions to shape the future of this domain and young companies to thrive in this growth sector.
Access to finance is a key enabler of entrepreneurship in a European space ecosystem which has seen several transformations and advancements in recent years. From an analysis of the role of the public sector, to evaluating market maturity and sector risks, this report provides a comprehensive review of the European space sector; identifying gaps, highlighting challenges and providing a number of recommendations and potential policy actions.