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ESA business boosts small space companies

Written by  Tuesday, 27 September 2022 06:50
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ESA continues to break down barriers and create more opportunities for small companies to get involved in space. Start-up companies and small enterprises offer agile and bespoke development adding value to Europe’s future space economy.

Developing a New Space ecosystem

Space for Europe
Space for Europe

ESA is enabling and accelerating space business as part of its long-term plans for Europe in space described in its Agenda 2025. In November 2022, the Agency will make proposals at the ESA Council Meeting at Ministerial Level (CM22) intended to encourage innovative technology development and commercialisation in the European space sector.

This involves plans to support the competitiveness of European New Space ventures in the global space markets. ESA plans to provide external support to business development which may include technical consultancy and advice, access to technical facilities, in-orbit demonstration and validation opportunities, as well as support to access private investments within its proposed ScaleUp programme.

This type of support is complementary to ESA’s traditional R&D procurement implemented through classic ESA programmes and missions. It is intended to boost new business for ESA Business Incubation Centres, foster disruptive innovation within PhilabNet, promote technology transfer and patenting.

ESA’s goal is to enable industry to take more risks, introduce more innovation and come to the market faster to ensure breakeven for private investors, and build a stronger European space economy.


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