Space Economy
ESA seeks to ensure a sustainable growth of the European space sector and the creation of value to society, from basic research to service development.
Space Economy activities at ESA have four priorities:
- Monitor the space sector globally and Europe’s competitiveness
- Establish strategic partnerships, notably with the OECD, Eurostat and the EC JRC, and CERN
- Evaluate the social, economic and environmental impacts of space
- Provide the secretariat of the European Centre for Space Economy and Commerce, ECSECO
News
ESA Technology Market Assessments: understanding the foreseen demand for space technologies
Technology Harmonisation involves over 1,000 European and
Canadian stakeholders, including ESA, national agencies and organisations,
the European Commission, the European Defence Agency, and Space Entities
(industry, R&D organisations, ac...
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ESA launches new ITT to maximise sustainability benefits of its space projects
ESA has just launched the invitation to Tender for the
second round of Sustainability Impacts Studies of selected ESA activities.
By this, ESA is taking a new step towards a more sustainable
future. It is aimed at unlocking the positive impact ...
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Understanding the remarkable inspirational value of space exploration
Space exploration is the single largest space expenditure by governments worldwide. Global public investment in space exploration is estimated to have grown by more than 50% in the past decade, and to increase by almost 30% in the next decade (Novasp...
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Create accountEvaluating the social, economic and environmental impacts of space in support of ESA Council at Ministerial level.
The programmes implemented through the European Space Agency
significantly contribute to Europe’s leadership in science, technology, and innovation.
With some of the most advanced satellites in Earth observation, communications,
and navigation, as well as world-renowned science and exploration missions, ESA
programmes provide crucial solutions for monitoring, early warning systems, and
supporting employment and growth while inspiring and protecting future generations.
In 2025, Ministers from ESA's 22 Member States will decide on the next space
missions that will play a critical role in supporting European nations in overcoming
challenges such as climate change, civil security, sustainable economy, and
sovereignty.
In preparation for this 2025 Ministerial Meeting (CM25), independent socio-economic
impact studies are currently underway. Their objective is to provide robust insights
into the social, economic, and environmental impacts of Europe’s investment in ESA
programmes.
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