The upstream sector covers activities that lead to the development and deployment of space infrastructure, satellites and launchers.
During the previous decade, global satellite industry already experienced a significant expansion but the market for building, launching and operating satellites is expected to continue to rapidly rise in the next years. Space exploration is going from space telescopes and the International Space Station to space mining and human life in the Moon and Mars.
If you are looking into building a product in upstream sector of the space economy, there are exiting challenges ahead!
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!