Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

ESA Investment Forum 2007 - Helping companies to grow

23.05.2007
Space programmes have invested the past 40 years in raising technologies to new levels of performance and capability, and transferring these technologies back to applications on Earth to generate countless business opportunities.

An example is satellite based services being one of the most promising sectors of future business profit, guaranteed by the introduction of the next generation satellite positioning and navigation systems.

ESA Investment Forum supports the funding and growth of such opportunities by bringing start-up companies using space technology, applications or services in a non-space environment together with finance and investment communities.

Organised by ESA’s Technology Transfer Programme Office (TTPO) in collaboration with EC-projects FinanceSpace and INVESaT, the first ESA Investment Forum took place on 24 April at the European Space Research and Technology Centre (ESTEC) in the Netherlands. The 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 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 TTPO.

The inspiring Erasmus Centre at ESTEC was the venue of the day. It hosts a permanent exhibition of facilities for gravity-dependent research and introduces and demonstrates the array of different systems available for experiments in conditions of weightlessness.

"The Erasmus Centre is responsible for the information gathering, processing and distribution relating to the development and operation of European elements on the International Space Station as well as overseeing a number of other space carriers and ground-based facilities," said Dieter Isakeit, Head of the Erasmus Centre.

Twenty start-up companies presented their business plans to demonstrate the investment potential in spinning satellite and space technology back into Earth applications, and E-Synergy Ltd. introduced their Call for Investment to raise 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 20 business cases were selected especially for the ESA Investment Forum based on the level of investment readiness and potential:

EATOPS (the Netherlands), Remote Intuitive Visual OPerationS, space methodology for oil and gas production
Enteos (Italy), engineering services, system integration, HW/SW design for telecommunication industry
Euro Heat Pipes (Belgium), two-phase heat transfer systems enabling the development of more powerful electronics
Forsway Scandinavia (Sweden), internet by satellite in rural areas and IP hybrid terminals
Geosat Technology (Austria), defining of prospects and leads for resources on the basis of satellite images and geodata
GESEC R&D (France), semiconductor materials, devices and GaAs detectors for X-ray imaging
Global Online AG (Switzerland), worldwide online service centre for yachting sport
Innovation 4C (Belgium), marine product innovations
iOpener Media (the Netherlands), provide and facilitate real-time data for gaming applications using GNSS technology
Keyobs (Belgium), geographical services in mapping and topography
Kinotex Sensor (Germany), optical sensor technology for aeronautical, automotive and medical applications
Laster Technologies (France), transforming optoelectronics into mobile augmented reality display solutions
Lusospace (Portugal), development of optoelectronics navigation systems
M3 Systems (France), EGNOS-based solution dedicated to airport vehicles and R&D services for Galileo applications
Marine & Remote Sensing Solutions (UK), marine security and navigation solutions augmented by spaceborne data
OpenSky (Italy), satellite operator for value-added services, multimedia and TV IP based from satellite
Securecom Technologies (Ireland), wireless personal alarm device and service for healthcare and lone workers
Star2Earth (the Netherlands), GNSS-based products for environmental applications
T&T Telematica (Italy), intelligent transport system for better mobility of people and goods
ThruVision Group Ltd (UK), design, manufacture and supply of imaging systems for security screening

The cases presented covered a broad spectrum of technologies originating from space - sensors, optoelectronics, navigation data, remote operations, satellite communication and imaging technology – and their application in diverse industrial sectors such as automotive, medical, navigation, offshore, security, energy, environment, healthcare, wireless services, multimedia, gaming, sports, communications and transport.

The feedback from the participants was entirely positive; the Forum gave a good overview of the potential commercial benefits emerging from the space sector, the selected business cases were impressive and the start-ups established valuable contacts in the 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.

The main mission of the ESA Technology Transfer Programme (TTP) 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. The Technology Transfer Programme Office is responsible for defining the overall approach and strategy for the transfer of space technologies and systems, including the incubation of start-up companies.

The ESA Investment Forum 2008 will take place at ESTEC on 14 – 15 April 2008. Please register at the conference website http://www.congrex.nl/08c04.

Frank Salzgeber | alfa
Further information:
http://www.esa.int/SPECIALS/TTP2/SEMGKS8RR1F_0.html

More articles from Business and Finance:

nachricht Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

nachricht Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Making lightweight construction suitable for series production

More and more automobile companies are focusing on body parts made of carbon fiber reinforced plastics (CFRP). However, manufacturing and repair costs must be further reduced in order to make CFRP more economical in use. Together with the Volkswagen AG and five other partners in the project HolQueSt 3D, the Laser Zentrum Hannover e.V. (LZH) has developed laser processes for the automatic trimming, drilling and repair of three-dimensional components.

Automated manufacturing processes are the basis for ultimately establishing the series production of CFRP components. In the project HolQueSt 3D, the LZH has...

Im Focus: Wonder material? Novel nanotube structure strengthens thin films for flexible electronics

Reflecting the structure of composites found in nature and the ancient world, researchers at the University of Illinois at Urbana-Champaign have synthesized thin carbon nanotube (CNT) textiles that exhibit both high electrical conductivity and a level of toughness that is about fifty times higher than copper films, currently used in electronics.

"The structural robustness of thin metal films has significant importance for the reliable operation of smart skin and flexible electronics including...

Im Focus: Deep inside Galaxy M87

The nearby, giant radio galaxy M87 hosts a supermassive black hole (BH) and is well-known for its bright jet dominating the spectrum over ten orders of magnitude in frequency. Due to its proximity, jet prominence, and the large black hole mass, M87 is the best laboratory for investigating the formation, acceleration, and collimation of relativistic jets. A research team led by Silke Britzen from the Max Planck Institute for Radio Astronomy in Bonn, Germany, has found strong indication for turbulent processes connecting the accretion disk and the jet of that galaxy providing insights into the longstanding problem of the origin of astrophysical jets.

Supermassive black holes form some of the most enigmatic phenomena in astrophysics. Their enormous energy output is supposed to be generated by the...

Im Focus: A Quantum Low Pass for Photons

Physicists in Garching observe novel quantum effect that limits the number of emitted photons.

The probability to find a certain number of photons inside a laser pulse usually corresponds to a classical distribution of independent events, the so-called...

Im Focus: Microprocessors based on a layer of just three atoms

Microprocessors based on atomically thin materials hold the promise of the evolution of traditional processors as well as new applications in the field of flexible electronics. Now, a TU Wien research team led by Thomas Müller has made a breakthrough in this field as part of an ongoing research project.

Two-dimensional materials, or 2D materials for short, are extremely versatile, although – or often more precisely because – they are made up of just one or a...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Expert meeting “Health Business Connect” will connect international medical technology companies

20.04.2017 | Event News

Wenn der Computer das Gehirn austrickst

18.04.2017 | Event News

7th International Conference on Crystalline Silicon Photovoltaics in Freiburg on April 3-5, 2017

03.04.2017 | Event News

 
Latest News

Scientist invents way to trigger artificial photosynthesis to clean air

26.04.2017 | Materials Sciences

Ammonium nitrogen input increases the synthesis of anticarcinogenic compounds in broccoli

26.04.2017 | Agricultural and Forestry Science

SwRI-led team discovers lull in Mars' giant impact history

26.04.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>