Andrew Yee[_1_]
May 26th 07, 08:43 PM
ESA News
http://www.esa.int
22 May 2007
Space technology creates investment opportunities
The first ESA Investment Forum took place last month at the European Space
Research and Technology Centre in the Netherlands. This new event attracted
more than 100 participants from all over Europe, including representatives
from the finance and investment communities, the European Special
Applications Fund and 20 start-up companies.
The Forum was organised by ESA's Technology Transfer Programme Office (TTPO)
in collaboration with EC-projects FinanceSpace and INVESaT, The main mission
of the TTPO is to facilitate the use of space technology and space systems
for non-space applications and to further demonstrate the benefit of the
European Space Programme to European citizens.
Over the past 40 years, space programmes have invested time and money in
raising technologies to new levels of performance and capability. Many of
these technologies have then been transferred to applications on Earth where
they have generated countless business opportunities. Examples include
satellite-based services for telecommunications, navigation and Earth
monitoring.
"The focus of the Investment Forum is to highlight the commercial benefits
of satellite and space technology in applications on Earth and to give
potential investors an opportunity to meet with a number of start-up
companies using spin-offs from space technology," explained Frank M.
Salzgeber, acting Head of the TTP office.
During the Forum, 20 selected start-up companies presented their business
plans to demonstrate the investment potential in spinning satellite and
space technology back into Earth applications. Presentations covered a broad
spectrum of technologies originating from space, including sensors,
navigation data, satellite communication and imaging technology and
described how these could be applied in diverse industrial sectors such as
the automotive, medical, offshore, security, energy, sports and transport
industries.
E-Synergy Ltd also made a presentation to introduce their Call for
Investment to raise money for the European Special Applications Fund.
"E-Synergy is raising private finance to operate a 40 million European fund,
which will specialise in the commercial application of satellite and space
technology to non-space applications," said Richard Brook, founding director
of E-Synergy Ltd.
The Investment Forum gave a good overview of the potential commercial
benefits emerging from the space sector. Participants were particularly
impressed by the selected business cases and welcomed the opportunity to
establish valuable contacts between start-up companies and investment
communities.
In view of the success of the ESA Investment Forum 2007, ESA's Technology
Transfer Programme Office is already planning next year's event.
Full article 'ESA Investment Forum 2007 - Helping companies to grow',
http://www.esa.int/SPECIALS/TTP2/SEMGKS8RR1F_0.html
[NOTE: Images and weblinks supporting this release are available at
http://www.esa.int/esaCP/SEMIAT8RR1F_index_1.html ]
http://www.esa.int
22 May 2007
Space technology creates investment opportunities
The first ESA Investment Forum took place last month at the European Space
Research and Technology Centre in the Netherlands. This new event attracted
more than 100 participants from all over Europe, including representatives
from the finance and investment communities, the European Special
Applications Fund and 20 start-up companies.
The Forum was organised by ESA's Technology Transfer Programme Office (TTPO)
in collaboration with EC-projects FinanceSpace and INVESaT, The main mission
of the TTPO is to facilitate the use of space technology and space systems
for non-space applications and to further demonstrate the benefit of the
European Space Programme to European citizens.
Over the past 40 years, space programmes have invested time and money in
raising technologies to new levels of performance and capability. Many of
these technologies have then been transferred to applications on Earth where
they have generated countless business opportunities. Examples include
satellite-based services for telecommunications, navigation and Earth
monitoring.
"The focus of the Investment Forum is to highlight the commercial benefits
of satellite and space technology in applications on Earth and to give
potential investors an opportunity to meet with a number of start-up
companies using spin-offs from space technology," explained Frank M.
Salzgeber, acting Head of the TTP office.
During the Forum, 20 selected start-up companies presented their business
plans to demonstrate the investment potential in spinning satellite and
space technology back into Earth applications. Presentations covered a broad
spectrum of technologies originating from space, including sensors,
navigation data, satellite communication and imaging technology and
described how these could be applied in diverse industrial sectors such as
the automotive, medical, offshore, security, energy, sports and transport
industries.
E-Synergy Ltd also made a presentation to introduce their Call for
Investment to raise money for the European Special Applications Fund.
"E-Synergy is raising private finance to operate a 40 million European fund,
which will specialise in the commercial application of satellite and space
technology to non-space applications," said Richard Brook, founding director
of E-Synergy Ltd.
The Investment Forum gave a good overview of the potential commercial
benefits emerging from the space sector. Participants were particularly
impressed by the selected business cases and welcomed the opportunity to
establish valuable contacts between start-up companies and investment
communities.
In view of the success of the ESA Investment Forum 2007, ESA's Technology
Transfer Programme Office is already planning next year's event.
Full article 'ESA Investment Forum 2007 - Helping companies to grow',
http://www.esa.int/SPECIALS/TTP2/SEMGKS8RR1F_0.html
[NOTE: Images and weblinks supporting this release are available at
http://www.esa.int/esaCP/SEMIAT8RR1F_index_1.html ]