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INNOspace Masters

5 Feb 2016, 17:09 UTC
INNOspace Masters
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Image copyright: ESA/NASA

The world’s economies are on the cusp of the fourth industrial revolution. Driven by digitalisation and marked by the merging of the real and virtual worlds, traditional value chains are in the process of dissolving.This is resulting in new potential, including for the new space economy – especially when it comes to the intelligent, real-time, horizontal and vertical integration of people, objects, and machines.The first INNOspace Masters idea competition addressed European companies, start-ups, universities, or non-university research institutions (or even consortia of organisations) whose projects involve forward-thinking transfers of technologies and expertise from other industries to the space sector (“spin-ins”).From 15 September 2015 to 31 January 2016 the INNOspace Masters competition was in a variety of categories, looking for solutions and plans at different stages of innovative maturity (utility models and demonstrators > market-ready prototypes > ready-to-use solutions) that can leverage the potential of smart integration to improve the efficiency and customer orientation of the space sector, particularly in satellite manufacturing.The winners of the first competition round will be awarded at a festive awards ceremony on 4 May 2016 and can look forward to technological and business-related ...

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