Where to find your Space Connection

Your guide to what makes a strong space connection
SOLUTIONS FOR THE SPACE MARKET
Spin in
A space connection can be defined as a "Spin in" when it refers to the creation of solutions for the space market. Also known as “upstream” market, it integrates the “new space” economy where space is no longer only an institutional activity but increasingly a commercial venture.
SOLUTIONS FOR NON-SPACE MARKETS
Spin out
A space connection can be a "Spin out" when it refers to the use of space technologies, data and systems in terrestrial or non-space applications. Also known as the space “downstream” market.
Spin In
Solutions for the space market
Overview

The revenue generated by the global space industry may increase to more than $1 trillion by 2040 (Morgan Stanely 2019). Supporting one of the fastest-growing markets in Europe is the objective of European Commission, ESA and Austria.

Hints:

  • Development of pioneering technologies for satellites, launchers, ground stations, operations, manned spaceflight, etc.
  • Software, hardware, combination of software and hardware, materials, procedures and techniques, etc.
  • Solutions transferred from other sectors (e.g. automotive, manufacturing, energy)
Spin Out
Space solutions for non-space markets
Overview

Many of the technological innovations developed to explore space can be used in everyday applications, outside the space industry. ESA BIC Austria fosters new global businesses that leverage or integratetechnologies and expertise developed by ESA, the space industry and research and under European space programmes, to be used in non-space markets (e.g. logistics, agriculture, health). This approach gives back to the community the benefits of investing in space!

Hints:

  • Earth Observation (e.g. Copernicus)
  • Navigation (e.g. Galileo, EGNOS)
  • Telecommunication
  • Technology Transfer (e.g. from national or European space industry)
  • ESA Patents

This website uses cookies to ensure you get the best possible online experience. Learn more

Newsletter

Sign up for our newsletter to stay up to date on community news, project highlights and upcoming events.