satellite

Final Call for Entries for €1m European Sat Nav Ideas Competition

satellite

A final call is being issued today for business, students and entrepreneurs to submit ideas for new opportunities in the €100 billion satellite services market, compete for local Region Prizes and win the overall title of Galileo Master 2015. Entries for the European Satellite Navigation Competition opened on April 1st and close on June 30th.

The competition looks for ideas for new services, products and business innovations that integrate satellite navigation technology into everyday life in areas such as mobility, health or safety.

The Ireland Region prize is being sponsored for the third year by National Space Centre Ltd (NSC) and the winner will receive:

  • Automatic entry to the Galileo Masters, in which competitors across the globe compete for the €1 million prize fund
  • Incubation space and business coaching for one year
  • Technical support and marketing support
  • Travel costs to the Galileo Masters Ceremony in Berlin in October 2015

NSC Chief Executive Rory Fitzpatrick said:

“This is a final call to anyone with a bright idea who’s looking for a chance to make it real. The competition, which we are delighted to be associated with, provides a unique platform that can launch a concept, business or application and gives Irish space-based ideas an opportunity to showcase on a truly global level. “

NSC, located at Elfordstown Earthstation outside Midleton in Co Cork provides carrier grade satellite communications facilities to the commercial satellite sector and partners with organisations and institutions worldwide for R&D projects, which include a number of emerging satellite technology projects.

The European Satellite Navigation Competition is supported by the European Commission (EC) and the European Space Agency (ESA) and currently comprises 25 global partner regions. It has partnered with 130 organisations from these regions to become the world’s largest innovation network in the field of satellite navigation. 241 winners have been chosen out of 4,263 registered teams and many of these business cases have already been implemented and successfully brought to market.

, , , , , , ,

No comments yet.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.