zprávy

Through investment opportunities, market intelligence and business support, EUSPA plays an important role in ensuring Europe keeps its competitive position in the fast-growing, global GNSS downstream market. 

With an approximate 25% market share, Europe currently enjoys a strong position within the global GNSS downstream market – a market that is forecasted to see revenues reach EUR 220 billion this year and up to EUR 510 billion by 2032. 

The GNSS downstream market includes any application, device or service where GNSS based positioning, navigation and/or timing is a significant enabler or key to the application’s functionality. While the location based services (LBS) and road segments dominate in terms of total revenues earned, European GNSS (EGNSS) also plays a major role in the aviation, rail, maritime, agriculture, mapping and surveying and timing and synchronisation market segments.  

Europe performs particularly well in the road, maritime and agricultural sectors. In fact, several European companies are global leaders in the manufacturing of GNSS components and receivers for road and maritime applications and the development of the system integrators used by the agricultural industry. 

However, European companies tend to lag in such fast-growing sectors as consumer solutions and drones. According to the recently published GNSS Investment Report, this, combined with increased, across-the-board competition from the downstream GNSS market, could chip away at Europe’s market share and future competitiveness.    

 “It is more important than ever that Europe keep on top of GNSS market trends by seeking more funds, developing strategic oversight and promoting risk-taking,” said Rodrigo da Costa, Executive Director of the EU Agency for the Space Programme (EUSPA). 

Da Costa made his remarks during the GNSS Investment Day event, which was co-organised by EUSPA and the European Investment Bank (EIB). The two organisations also co-authored the GNSS Investment Report, which was officially launched at the event. 

Media note: This feature can be republished without charge provided the European Union Agency for the Space Programme (EUSPA) is acknowledged as the source at the top or the bottom of the story. You must request permission before you use any of the photographs on the site. If you republish, we would be grateful if you could link back to the EUSPA website (http://www.euspa.europa.eu).

The CASSINI Hackathons and Mentoring, initiated by the European Union is a series of six hackathons aimed to tackle global challenges using services and data from the EU Space Programme. In its third edition, this hackathon provides access to European space data and services from Copernicus, Galileo, and EGNOS to help participants take on various challenges and uplift Europe’s tourism industry. 

Europe’s tourism industry is bursting with potential. In the last four years alone, the continent has welcomed over 2 billion global tourists, providing a primary source of income for European economies. 

From the medieval streets of Prague and the beaches of Barcelona to the modern skyline of Oslo, Europe truly holds something for everyone. Because of this, the 3rd CASSINI Hackathon will focus on preserving these unforgettable destinations and how we access them. You will be challenged to develop ideas that support sustainable travel, enhance the experience in local cities and cultures, and promote thoughtful exploration of Europe’s nature.

The top ideas will be awarded at both local and EU levels, and the overall winners will enter a six-month mentoring programme that includes 100 hours of customised expert mentoring.

What’s the plat du jour? 

If you are a rising innovator in Europe, you are invited to participate in the CASSINI Hackathon at one of our ten locations. Each hackathon location features its own unique set of experts, prizes, and additional special features. Once you select a location, it’s time for registration, team formation and ideation! 

Your team will choose to solve one of three challenges, all related to the theme of European tourism:

Media note: This feature can be republished without charge provided the European Union Agency for the Space Programme (EUSPA) is acknowledged as the source at the top or the bottom of the story. You must request permission before you use any of the photographs on the site. If you republish, we would be grateful if you could link back to the EUSPA website (http://www.euspa.europa.eu).