by the European Union Agency for the Space Programme
Initially Published on 18 March 2022 here.
The best time to invest in space – EUSPA launches info session for fund managers.
According to the latest edition of the EUSPA EO and GNSS Market Report, in 2021, the GNSS and Earth Observation downstream market generated over EUR 200 billion in revenue.
What’s more, this market is expected to reach nearly half a trillion euros within the next decade. Add this up and what you have is a very lucrative investment opportunity.
But to take advantage of this opportunity, you need the right information and the right market intelligence – which is exactly what the Space Investments Capacity Building Programme is set to provide.
Organised by the European Union Agency for the Space Programme (EUSPA), in collaboration with the European Commission, European Space Agency (ESA) and European Investment Fund (EIF), this series of five workshops is designed to provide venture capitalists, fund managers and other investors with in-depth information on the space sector, including:
- Results from the latest European space market and investment studies
- Advice from the EIF on fund setup, investment strategy and building an investment team
- A platform to discuss business models and best practices
- Opportunities to network with other fund managers
- Details on the European Commission’s EUR 1 billion CASSINI Facility, an InvestEU initiative offering capital for establishing space-focused investment funds
The first workshop, scheduled for 28 March 2022 from 14:00 – 17:00 CET, will focus on how EU space technology – including Galileo and Copernicus – can be used to support the construction sector, optimise the green transformation and maintain critical infrastructure.
“If you want to become an active investor in this exciting field or simply want to gather more information before deciding to raise a new fund, then this capacity building programme is for you”, says Fiammetta Diani, EUSPA Head of Market Downstream and Innovation.
The event will be held live at EUSPA’s headquarters in Prague, as well as online. Attendance is free, but registration is required. For participants able to attend physically in Prague, please send an email to market@euspa.europa.eu to secure your place in the venue. Questions related to the workshop series or requests for additional information can be directed to this email address as well.
Mark Your Calendars: Space Investments Capacity Building Programme 2022
- Episode 1: Infrastructure lifecycle support from space, EUSPA, Prague, Monday 28 March 2022
- Episode 2: Security and defence (in and from space), COM, Brussels, Monday 2 May 2022
- Episode 3: Consumer space solutions: well-being, education and entertainment, EUSPA, Prague, Monday 23 May 2022
- Episode 4: Access to space (launchers, ground systems, modular technology, etc), ESA, Paris, Tuesday 7 June 2022
- Episode 5: Fund setup, investment strategy, investment team, exit strategy, EIF, Luxemburg, Monday 27 June 2022
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