Strengthening InCubed’s role in commercial Earth observation
Commercialisation is universally recognised as essential for the future prosperity of all aspects of the European space sector, and Earth observation is no exception. The ESA InCubed programme, a co-funding initiative that helps entrepreneurs bring their innovative ideas to market, has enjoyed enormous success since the launch of its first activity in 2018 and continues to make a prodigious contribution to commercial Earth observation. The InCubed portfolio includes around 60 activities, with an impressive €63 million invested so far.
At the upcoming ESA Council at Ministerial Level, Member States will have the possibility to further empower InCubed in its far-reaching efforts to foster commercial innovation. The programme proposal makes the case for a wider remit, including a set of new ‘Invest Actions’ designed to help boost the European Earth observation economy and reinforce relationships with the private investor community.
Read the full article on www.esa.int.