Trailblazing EU Space Start-ups claim victory in #myEUspace Competition and set to soar to new heights
After a long, exciting and challenging prize contest, five innovative start-ups have emerged as rising stars of the European Union’s space downstream innovation. The EU Agency for the Space Programme (EUSPA), under the European Commission’s CASSINI – Space Entrepreneurship Initiative, recently organized the #myEUspace competition, offering a substantial cash prize of 100,000 euros to each winning team. This generous prize aims to propel their businesses to greater heights.
The #myEUspace competition called upon creative innovators and entrepreneurs to develop groundbreaking commercial solutions that leverage data from Galileo, Copernicus, or both. Spanning a wide spectrum of ideas, participants presented mobile applications, hardware-based solutions, and more. All proposals were aligned with one of three targeted innovation areas: Space My Life, Our Green Planet, or Dive in deep tech. It is the last winners of this unique competition which has been divided into three different prize tracks (Ideas, Prototypes and Commercial Products).
Hailing from diverse geographical locations across Europe, the victorious teams represent a range of sectors crucial to our economy and society, including tourism and health. Each of the winners was awarded a substantial cash prize of 100,000 euros, providing them with the necessary resources to scale up their businesses and launch their products on a global scale.
Rodrigo da Costa, EUSPA Executive Director, commended the winners for their impressive business plans and the remarkable market potential exhibited by their solutions. He also extended his congratulations to all participants in the product track, acknowledging their diligent efforts. “It was impressive to see how robust the business plans of the winning solutions were, but also the level of market maturity and business potential, such an encouragement for the future development of our European economy” he remarked, concluding his statement.
During the CASSINI Entrepreneurship Days, where the winners have been announced, the participants had the unique opportunity to showcase live demonstrations of their products and engage in valuable networking sessions with investors, accelerators, corporations and the European space start-up community.
Let us introduce the outstanding winners of the #myEUspace competition:
Murmuration: This start-up aims to monitor the environmental impact of tourism by utilizing satellite data, paving the way for sustainable practices in the industry.
j-Snow: Leveraging high-resolution satellite data, j-Snow provides near real-time snow monitoring, revolutionizing snow-related services and applications.
Ajuma: Focused on skin cancer prevention, Ajuma employs satellite data for UV monitoring, empowering individuals to safeguard their health.
ClearkSky vision: This start-up employs deep learning algorithms to deliver daily cloud-free Sentinel-2 images, ensuring accurate and timely information for various applications.
Onocoy: By harnessing the power of Web3 technology, Onocoy establishes a community-powered dense network of GNSS reference stations for ultra-accurate positioning, opening new possibilities in navigation and beyond.
These exceptional start-ups have set a new benchmark in the EU space industry, leveraging the wealth of data provided by Galileo and Copernicus. As they scale up their operations and prepare to launch their products globally, their success promises to propel Europe’s space entrepreneurship to greater heights, inspiring future innovators and entrepreneurs alike.
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