Global Space Markets Challenge is a competition organized by ESA with the operational and technical support of EURISY, a European non-profit association of more than 15 national space agencies and other organizations involved in space activities

The objective of the Global Space Markets Challenge is to select, among all applicants, the six SMEs in the space sector (3 in the upstream and 3 in the downstream) that present the most promising and convincing internationalization plans for their products and / or services.

The objective of the challenge is to give visibility to SMEs that have internationalization ambitions and are developing products and / or services for the upstream or downstream space sector with the potential to enter the target markets. The “target market” is a country that is not a Member State of the European Union, a Member State of ESA or Canada, where the products, applications or services developed by the competing applicants could find potential customers, either institutional and / or commercial. Winners of the ESA Global Space Markets Challenge will be able to benefit from prizes and support to help them reach these markets.

Global Space Markets Challenge is also sponsored and endorsed by some of the leading European space-focused venture capital funds, including SERAPHIM Capital and Primo Space.

The deadline for submitting applications is June 23, 2021.

Source: digital magazine CDTI @CDTIoficial.

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