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
- Develop a comprehensive view of space markets and its potential opportunities
- Evaluate the social, economic and environmental impacts of space
- Provide the secretariat of the European Centre for Space Economy and Commerce, ECSECO
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The strategic bridge between ESA and the financial world: the Ventures and Financing Office
Established
in 2022, the Ventures and Financing Office acts as a
strategic bridge between ESA’s technical expertise and the financial world. Its
mission is clear: to boost access to finance for companies, to eliminate
investment bottlenecks, an...
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ESA Technology Market Assessments: understanding the foreseen demand for Solar Generators and Solar Cells
In the frame of the 2nd Cycle 2025 of the European Space Technology Harmonisation process, ESA and Novaspace have carried out a market assessment study to estimate the demand for Solar Generators and Solar Cells.&nb...
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ESA Technology Market Assessments: understanding the foreseen demand for Solar Array Drive Mechanisms
In the frame of the 2nd Cycle 2025 of the European Space Technology Harmonisation process, ESA and Novaspace have carried out a market assessment study to estimate the demand for Solar Array Drive Mechanisms (SADM) ...
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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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