ESA 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 to support ESA Council at Ministerial level, CM22


Space activities and capabilities significantly contribute to Europe’s leadership in science, technology and innovation, and support Europe’s economy and society towards more responsibility, resilience and autonomy. Space provides crucial solutions and support for monitoring, early warning, or emergency responses in case of catastrophic events. Space missions inspire, protect future generations and shape our economic growth.
Space infrastructure and its applications will play a crucial role in supporting Europe in overcoming the challenges it faces. Continuous public investment in space will remain essential to ensure sustainability and to prevent the loss of R&D capabilities and critical skills which safeguard and strengthen Europe’s sovereignty. At the ESA Council Meeting at Ministerial level, CM22, 14 independent socio-economic studies will support critical decisions while providing evidence of the value generated by space in Europe.
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Space Economy Initiatives


ECSECO

ECSECO

ECSECO is the European Centre for Space Economy and Commerce, established in 2022 by ESA Director General. Its objective is to provide a European platform for interdisciplinary discussions and research on space economy and commerce.

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European Space Economy satellite account

European Space Economy satellite account

In March 2022, ESA, in cooperation with Eurostat and the Joint Research Centre (JRC), launched a cooperation project to investigate the development of a European Space Economy satellite account, using official statistics to measure the European space sector.

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Global Space Markets Challenge

Global Space Markets Challenge

Eligible start-ups and SMEs have the opportunity to introduce their space products and/or services to international markets.Learn more about 2021 winners!

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News from Space Economy


ESA Space Operations and Space Safety activities: supporting Europe’s innovation, competitiveness and market opportunities

As Europe's centre of excellence for satellite operation, ESOC is home to the engineering teams that control spacecraft in orbit, manage ESA’s global tracking station network, and design and build the systems on the ground that support missions ...
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ESA ARTES Partnership Projects, providing the satcom industry with the right environment to introduce innovative space-based solutions systems into the commercial market

ESA ARTES Partnership Projects federate industry around large-scale programmes, developing innovative cutting-edge solutions in partnership with private or public operators. This innovative approach allows European prime contractors and equipment ...
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Space-based Solar Power: Contributing to achieving Net Zero by 2050

With the objective of achieving Net Zero carbon emissions by 2050, Europe is investigating ways to rapidly decarbonise its sources of electricity generation and ensure both stable and secure supply. While requiring substantial development, space-b...
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ESA Space Economy

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