European Commission Picks 20 More Space Companies for Business Accelerator

To continue using the space systems that the EU currently has, “it will be necessary to have a higher spending line in the next Multiannual Financial Framework (MFF)”. This was stated by the European Commissioner for Defence and Space, Andrius Kubilius, during the press conference at the end of the EU Research and Space Council, in Brussels. In the next MFF “there will be some structural changes, such as, for example, the so-called Competitivene…

Space is a sector of the future, it gives new capacities and perspectives and European countries are preparing themselves, both at budget level and at regulatory level. It says the Director of Internal Affairs of Esa (the European Space Agency), Marco Ferrazzani, during an event of "Voci dal futuro" organized by ANSA and Asvis where it talks about the new space economy and the new potential for telecommunications and land observation.

On Thursday, on the occasion of the 50th anniversary of the European Space Agency (ESA), whose founding document was signed on 30 May 1975, the Ministry of Infrastructure responsible for Space Agents announced a small increase in the Austrian budget. Experts see this as a positive signal, even if the potential to be exploited is far greater. ESA Director Josef Aschbacher underlined that more effort is needed in Europe as well.

European Commission Picks 20 More Space Companies for Business Accelerator

Another 20 companies have been selected for the CASSINI Business Accelerator program, an initiative of the European Commission and EUSPA.