Home > Technology > Ireland’s First National Space Strategy for Enterprise

Ireland’s First National Space Strategy for Enterprise

Written by Robert McHugh, on 19th Jun 2019. Posted in Technology

article headline

Minister of State for Training, Skills, Innovation, Research and Development, John Halligan today launched Ireland’s first National Space Strategy for Enterprise 2019-2025.

The national strategy aims to provide strategic support to Ireland’s expanding space-active industry and research institutes, which work across a range of technological domains and develop technology with both space and non-space applications.

According to the European Investment Bank (2019), the international space sector has grown by an average of 6.7% per annum between 2005 and 2017, almost twice the 3.5 % average yearly growth of the global economy. In parallel, the capabilities of space-active enterprises in Ireland have progressed significantly in recent years, with the number of companies engaged in contract work with the European Space Agency (ESA) having grown from 35 in 2008 to 67 in 2018.

The development of Ireland’s space-active industry is supported by Ireland’s membership to international organisations including the ESA, the European Union space programmes and EUMETSAT.

Commenting on the project, Minister Halligan said, "The skills and capabilities necessary to develop space technology are often transferable between the space sector and other high value sectors such as automotive, environmental protection, agriculture, maritime and human medicine.  Irish enterprise is already competitive across a range of technological domains related to these sectors, including software development, manufacturing, photonics, engineering, nano-materials, data analytics and communications technologies, and is ideally placed to seize the new opportunities within the evolving space market and moreover, to transfer their skills and technology between the space and non-space markets."

Source: www.businessworld.ie

More articles from Technology

image Description

US technology company Overstock opens Sligo campus

Read more
image Description

Ireland’s largest privately-owned contract laboratory creates 100 new jobs

Read more
image Description

Vodafone to close 15% of European stores

Read more
image Description

IT skills shortage costing average Irish company €1m this year

Read more
image Description

Minister launches €4.2m national research collaboration on driverless vehicles

Read more