The set-up of Ireland’s first national Space Strategy for Enterprise by the Department of Business, Enterprise and Innovation has been announced by Minister of State for Training, Skills, Innovation, Research and Development, John Halligan.
The Strategy will set out how Ireland can maximise the benefit of its investment in the European Space Agency (ESA) and in the European Union’s (EU) flagship space programmes, Copernicus, Galileo and Horizon 2020.
A steering group will be established in the coming weeks to oversee the development of the Space Strategy. This will include a consultation process to seek views from interested parties on how Ireland can best exploit opportunities in the space enterprise sector.
“The space sector is undergoing a significant and rapid transformation. It’s evolving from a sector where activities are funded purely by governments to one that relies more on private investments to fund commercial activities,” said Minister Halligan.
“More than sixty Irish companies are currently benefiting from contracts with ESA, with five new companies expected to enter the sector each year between now and 2020. Employment in Irish companies which benefit from ESA contracts is expected to double from 2,000 in 2014 to over 4,500 in 2020.
“By developing this Strategy, the Department will ensure that companies already working in this sector can expand, and that opportunities for new entrants are identified. The Strategy will also seek to identify and explore potential synergies with other sectors, such as ICT and Aerospace.”
The Minister made the announcement at InnaLabs headquarters in Blanchardstown, a technology company which has also made its biggest contract to date with ESA.
The objective of the contract worth €2.6m is to design, develop, manufacture and test a highly reliable radiation-hardened 3-axis gyroscope used for measuring angular velocity or maintaining orientation of satellites.
While the initial opportunity is for science mission applications, the technology will serve a large spectrum of commercial space activities including Earth observation, communications and navigation satellites.
InnaLabs’ gyroscope cutting edge technology is also applied in a wide range of terrestrial applications such as air transportation, autonomous vehicles, marine, civil engineering projects, rail transportation systems and the oil and gas industries.