Last week, top leaders in the European space community from public and private organizations gathered at Planet’s Berlin office to discuss the new space landscape in Europe.
Over the past two decades, Europe has established itself as a leader in space, dominated by heavy investment from the government. The strong role of the European Commision and European Space Agency has led to a complex market environment for commercial companies. Today, however, there’s a perfect storm of increased investment, new private-public partnership models, and appetite for disruption that could tip the scales, with Europe’s commercial space sector assuming a more dominant role.
Here are five most important takeaways from the event:
Europe is poised to lead
The conditions for Europe leading the earth observation revolution are there. Now it’s time to act. Robbie Schingler, co-founder of Planet, noted that of the 450 European companies in the earth observation sector, 63% of them have less than 10 employees. The next decade of innovation will come from small and medium companies building off the data feeds in novel ways. Rafal Modrzewski, co-founder of ICEYE, added that in Europe, talent isn’t bottled up in corporations, so startups can take advantage now.
Collaborative private-public ...