How does ESA enable the European space industry to prosper in the global market? People attending this week’s VivaTech show in Paris – which will showcase how innovation and technology can build a more sustainable and inclusive society – will discover how.
Some 2,000 exhibitors – including 1,700 start-up companies – will be at the event, which runs from 15 to 18 June. It is expected to attract 26,000 visitors with a further 114,000 people from almost 150 countries attending online.
The global space industry is worth about $350 billion, a figure that is predicted to rise to over $1 trillion by 2040. For Europe to fully benefit from having a vibrant space industry that creates jobs and prosperity, it needs to further foster industrial competitiveness and increase commercial investment in space.
ESA is working to unlock the potential of space to improve the lives of European citizens, with partners ranging from established multinational space firms to fledgling start-up companies, entrepreneurs and investors, as part of its Agenda 2025.