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GSA, EIB enter agreement on investment in European space-based service economy

Wednesday 11 September 2019 | 14:49 CET | News
The EIB and the European Global Navigation Satellite Systems Agency entered into an agreement to cooperate on supporting investment in the European space-based service economy. The signature took place in Prague during the celebration to mark the 15th anniversary of GSA. To explore new investment support for the European space-based economy, the EIB and GSA are bringing together their expertise and experience.

The common objective is to create highskill jobs in the EU and improve the day-to-day lives of Europeans by supporting innovative companies and accelerating the development of new applications that use European global navigation satellite systems and earth observation data. These applications may be used to ensure smooth navigation, e.g. in search and rescue operations to save lives, for observing crops, and in precision farming to reduce the need for fertilisers and pesticides. 



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Categories: Broadcast & Satellite
Countries: Europe
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