ESA to fuel Europe’s space economy and promote commercialisation

Europe’s space economy is about to receive a huge boost while commercialisation of space will also be promoted thanks to initiatives by recently launched European Centre for Space Economy and Commerce.

The ESA centre has the goal of creating jobs and hence 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.

ESA Director General Josef Aschbacher will deliver a keynote speech, highlighting how promoting commercial investment in space forms part of his ambitious plans described in ESA’s Agenda 2025. His speech will be followed by a panel discussion on the development of the space economy and commerce in Europe.

The event kicks off activities at the centre, which will provide a European platform for interdisciplinary debates and research.

Individuals professionally involved in the space economy and commerce – who share an interest in the development of the space industry in Europe – will be able to attend conferences and workshops, networking sessions, working groups, collaborative research, competitions for students, and summer schools.

The centre will welcome members from different professional backgrounds, including economists, engineers, scientists and lawyers from the commercial companies, public institutions, international organisations, and academia.

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