In 2023, America's investment in space reached $73bn, while Europe's stood at less than $12bn. This stark contrast highlights a significant underinvestment in innovation, with implications for Europe's competitiveness in the space sector. The absence of a European equivalent to "Space X" underscores the need for a robust common market to foster innovation and growth in the region. Read more on this topic: https://lnkd.in/gp2T_JRe
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We couldnt be more excited to see New Zealand firmly established as a leading force in the space sector following the time spent at the 39th Space Symposium in the USA. Some key highlights of our space industry that we are incredibly proud of are: 💸 Significant Economic Contribution - The space sector contributed $1.69 billion to New Zealand's economy in 2018-19, supporting 12,000 jobs. 🔭 World-Class Innovations: groundbreaking developments such as space treaty’s, photon spacecraft and so much more. 🌄 Unique Launch Conditions: The world's first fully private orbital launch site is located on the Māhia Peninsula and is capable of an impressive 120 launches a year. 🤝 Open, Agile, Collaborative Environment: New Zealand’s space tech industry encourages innovation and R&D investment, allowing for rapid industry growth. 🚀 Space Tech for Good: From rapidly reusable rocket-powered space planes to fuel-free, solar-powered satellite control systems James Powell, Co-founder of Dawn Aerospace comments, “The New Zealand space sector is breaking barriers, and we're thrilled to drive innovation in revolutionising space transportation. Investment fuels our R&D and accelerates growth. We're at the Space Symposium with Invest New Zealand, aiming to turn these connections into investment opportunities.” Dylan Lawrence, GM of Invest New Zealand says: “We currently have 27 New Zealand-based companies specialising in the Space sector. We’re proud to support some of the leading businesses in this space, to accelerate their growth and ultimately, success.” Read more here: New Zealand Govt. drives investment in the global space sector (nzte.govt.nz)
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How can Europe maintain its competitive edge and secure a prosperous future? Josef Aschbacher, General Director of the European Space Agency - ESA, says the answer lies in #Space 🛰️ With groundbreaking programs like #Copernicus, the world’s largest Earth observation system, and #Galileo, a navigation system more precise than GPS, ESA has already transformed industries and improved lives. But, as Aschbacher highlights, staying ahead requires bold action: 🚀 Boost investment in Space innovation to fuel growth. 📜 Adopt the EU Space Law to harmonise regulations and foster collaboration. 🤝 Strike a balance between competition and cooperation to sustain leadership. Space isn’t just about exploration, it’s a key driver for solving global challenges and building economic resilience. 🔎 Read more here: https://lnkd.in/dsg7ddhk #gnous #gnouspace #SpaceInnovation #EuropeInSpace #ESA #Sustainability #Leadership
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Strengthening global space collaboration. We are proud to announce that Harwell Science and Innovation Campus, in partnership with the European Space Agency - ESA and the National Centre for Space Studies (Centre National d'Études Spatiales/CNES), has taken a significant step in advancing international collaboration in the space sector. A Memorandum of Understanding (MOU) and a Letter of Intent (LOI) have been signed with Japan’s cross U, an open innovation platform founded by @Mitsui Fudosan. The agreements, signed during Nihonbashi Space Week, demonstrate the commitment of all parties to ensure a collaborative and sustainable space industry. Through these partnerships, cross U will enhance connectivity across the Japanese and European space sectors, opening new avenues for joint research, innovation, and expansion. Read the full story here: https://lnkd.in/eJkN6SSt Monika Zemla Barbara Ghinelli David Williams STFC Mitsui Fudosan #innovation #space #collaboration #spacecluster #spaceinnovation #globalcollaboration #spaceexploration
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Luxembourg #SpaceWeek continues, but already after #NewSpaceEurope my notebook is full of interesting thoughts to expand on: - "We go to space because it's hard" (can't tag John F. Kennedy so tagging Raphael Roettgen, CFA) - "Microgravity is a resource. It is a little spice in a recipe for the world's best optical fibre" (Hubert Moser) - challenges for us in Europe according to H. Ludwig Moeller: "China, Trump, Musk, Moon" - and also on the topic of EU and investment: "Europe is a nice nursery" (Guillaume de La Brosse), but then space start-ups and scale-ups are often forced to look for funding in the US And last but not least, in order to expand space-for-Earth business "we need to speak the same language" (Andrea Krupa). Reminds me very much of interdisciplanary research projects and scicomm work in general. Luxembourg Space Agency European Space Resources Innovation Centre (ESRIC) Flawless Photonics European Space Agency - ESA PhotoSat #space #spaceforearth #commercialspacestation #LEO #EuropeanSpace
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Excited to share our latest piece of research on space ecosystems and “Pathways to Space”. In collaboration with ISPI - Istituto per gli Studi di Politica Internazionale and Edoardo Mancini Oxford Space Initiative we explore a multi-dimensional approach to collaboration using as a case of analysis two mature space-faring nations, #Italy and the #UAE. Key insight is that by using an #ecosystem view and performing multi-dimension analyses we can identify a multitide of avenues of collaboration, beyond technology transfer. In this case of Italy-UAE we identify potentials for collaboration covering: - Regulatory and Institutional Frameworks - Synergies to address capability gaps across streams - Development of entrepreneurship and innovation - Research and Talent development - Future of Space Finance - National, Regional Security and Dual Use Technology - Augmenting collaboration under ARTEMIS and joint missions Full articles with details about key players below. #newspace #spaceeconomy #innovation #strategy #pathwaystospace #space #dualuse #AI #aerospace Marc J Ventresca Oğuz Karasu, PhD Alessandro Gili Enrico Paolo Gioia Gabriele De Canio, PhD Neal Hansch Irfan Verjee Mireille NADER Pierre Nowacki John Bowers Yasrine Ibnyahya Davis Cook Fatema AlHajri Laura Anne Edwards Steve Gotz Benn Lawson Lucas Kello Dimiana F. Ally Kirk Bosco Lai Will Cadell Katrina M. Valerio Soldani Emma Gatti Antonio Ghezzi Jacopo Manotti Paolo Trucco
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European Space Agency - ESA chief Josef Aschbacher said space had 'hit the top of the agenda in the U.S.' following the election of Donald Trump. He argues that the victory 'gives space more visibility, more prominence' that 'supports the case for space in Europe'. That's good news. Europe is already a world leader in a number of fields, from Earth Observation to photonics, with NewSpace Capital portfolio companies Kayrros, ICEYE, Simera Sense and Cailabs all standing out from the crowd. With more visibility, we can expect more investment. We can also expect to see more and more young entrepreneurs going into to the space sector. Read more: https://lnkd.in/g2XKGuCj #spacetech #innovation #commercialspace #esa #trump
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#ESA’s 2025 budget shrinks by 1.4% as Germany, Italy, UK decrease funding 2025 is the 50th year of operation for European Space Agency - ESA. At a briefing 2 weeks ago, its Director General Josef Aschbacher said that ESA’s 2025 budget will be 7.68 billion euros ($7.91 billion), a decrease of about 1.4% from the 2024 budget of 7.79 billion euros. Two third of the ESA budget come from member states directly, one third indirectly via the European Commission and other supra-national bodies. This year, top contributors #Germany, #Italy, and #UK cut their funding based on national policy decisions and the timing of programs they're involved in. #France remains a steady contributor. This will not disrupt ESA's priorities in 2025: four #VegaC flights and five #Ariane6 flights, including a #Kuiper mission on the first flight of the more powerful #Ariane64 configuration. ESA plans to spend about 60% of its 2025 budget on over 1,500 contracts with commercial providers. ESA is in the process of finalising its long-term “#Strategy2040” plan, that aims to decrease dependency on foreign providers, starting with launch services, and to make its commercial sector more competitive. There are two conditions for this to happen: increased involvement of member states governments as anchor customers; and the private sector stepping up to the plate. Europe has many startups but has a critical lack of growth capital, which can be a handicap for such a capital intensive sector as space. To say that Europe needs to get its act together for civilian space (and for defense as well) is an understatement. Future will say if Europe manages to snap out of political haggling, crisis, and stagnation, to rise above the fray. And to compete, not only with the obvious leaders US and China, but with many strongly emerging actors, starting with India. In late 2024, ESA released a sobering analysis of the global space economy. < https://lnkd.in/eridhwdq > The ESA report notes the dominance, over Earth orbital upstream markets, of governmental demand, SpaceX/Starlink, and China. Politicians need to better understand the benefits of space toward Earth, to lead a further expansion of downstream markets, that covers all segments of economy and society, based on endless streams of intelligently processed data. Part of the problem for Europe is that it is too fragmented to leverage the power of one unified state as a strong anchor customer for both civilian and defense space. In addition, the European market is a field totally open to the outside for everyone else to compete. Space is only one aspect of a larger issue of European political leadership. Europe will eventually reckon with its ability to not only survive but thrive as an autonomous and strong economic, military, and geopolitical power. Space power, economic and military, requires geostrategic maturity for Europe. More numbers and details there: < https://lnkd.in/dU8XmVZZ > < https://lnkd.in/eqci7zKk >
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Europe must play to win—not just play nice—in a new space race. Josef Aschbacher (Director General of European Space Agency - ESA) is fully correct in his analysis in this week’s The Economist. 👍👍 Foundational for this efforts is that Europe must step up its efforts in cutting-edge science & technology, and the talent that underpins it. As I discussed with Josef and his team during the joint CESAER - ESA event last month, universities of science & technology are ready to further boost their efforts to support space research, education and exploration. https://lnkd.in/eNXgJJ83
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In the space industry, there is always a search for cost-reducing measures. At the same time, there is an expected increase in focus on sustainability, and for Europe, it is important to develop technologies that ensure independent access to space. With these three points in mind, the Łukasiewicz - ILOT has developed a hybrid research rocket called ILR-33 AMBER 2K, which will now be tested from Andøya Space Sub-Orbital. Read more here: https://lnkd.in/dCCqhcTx
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India will launch the European Union's solar observatory satellite, Proba-3. Union Minister Dr. Jitendra Singh announced the 3rd Indian Space Conclave. Proba-3 Mission is focused on solar observations, this satellite will enrich the global scientific understanding of solar corona dynamics. The mission represents India's 3rd satellite launch for the EU, showcasing ISRO's reputation as a global partner in space exploration. Dr. Singh credited PM Narendra Modi’s visionary policies, which opened India's space sector to private and international partnerships, resulting in the rise of over 300 space startups. The policy shift has extended space technology’s benefits to essential sectors like urban planning and groundwater monitoring under programs such as Jal Shakti. EU Ambassador Herve Delphin lauded India’s space advancements, calling the nation a "natural partner" in space innovation and security. This launch continues to position India as a major player in space technology. The Proba-3 mission signifies not only technological prowess but also India’s role as a leader in global space collaboration.
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