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EUSPA to further boost space investments with CASSINI

By Eric Van Rees - 28th January 2022 - 06:35

The European Commission, the EU Agency for the Space Programme (EUSPA), the European Space Agency (ESA), and the European Investment Fund (EIF) committed to multiplying the benefits of space technology to businesses.

This initiative implies attracting more private investment funds, running capacity building activities, sharing expertise, organizing matchmaking, and promoting the markets. CASSINI is central to this endeavour.

DG DEFIS Director-General Timo Pesonen, EUSPA Executive Director, Rodrigo da Costa, ESA Director-General Josef Aschbacher, Chief Executive of the European Investment Fund Alain Godard gathered at the Egmont Palace in Brussels on the occasion of the 14th edition of the European Space Conference 2022. During this event, they agreed on the principles of cooperation to support SMEs in the space sector, fostering on exchange of information and engaging in joint cross-functional actions towards space entrepreneurship.

Dedicated to promoting the commercialization of Galileo, EGNOS, and Copernicus data and services to increase the market share of the EU space actors, EUSPA has been engaging with companies of all sizes from a broad spectrum of industries, many of which had not used space services in their activities before.

Through capacity-building, and supporting their access to financial resources, mentoring and market know-how, EUSPA helps to create breakthroughs for space entrepreneurship.

Read More: Satellite Imaging Satellite Positioning Education & Research

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