Skip to main content

Innovation prize for satellite navigation system business ideas

As part of the European Satellite Navigation Competition (ESNC) 2012, the European Space Agency (ESA) is offering an Innovation Prize for the best business idea based on the use of satellite navigation systems. The agency is looking for ideas for applications that exhibit significant market potential and can be implemented shortly. The winner will receive €10,000 (US$12,940) and the chance to realise their idea at a European business incubation centre. Anyone with an innovative business idea for using sate
May 10, 2012 Read time: 1 min
RSSAs part of the European Satellite Navigation Competition (ESNC) 2012, the European Space Agency (2131 ESA) is offering an Innovation Prize for the best business idea based on the use of satellite navigation systems. The agency is looking for ideas for applications that exhibit significant market potential and can be implemented shortly. The winner will receive €10,000  (US$12,940) and the chance to realise their idea at a European business incubation centre. Anyone with an innovative business idea for using satellite navigation that can be realised in short order can enter the competition until 30 June 2012 at www.galileo-masters.eu.

For more information on companies in this article

Related Content

  • ITS International: Meet us in Vienna
    September 20, 2012
    ITS International, the number one business-to-business title for anyone involved in advanced technology for the traffic management and urban mobility markets, is in Vienna to report from the ITS World Congress, 2012, http://2012.itsworldcongress.com/content , which takes place from the 22-26 October. Once again, ITS International will lead coverage of the event through its www.DailyNews-Online.com/ITSWorldCongress-2012 site. We are planning to bring you all the latest preview and live event news from the I
  • Scania’s intelligent cruise control system wins German environmental prize
    July 6, 2012
    The German motorist organisation Automobil Kraftfaher-Schutz (KS) has awarded Scania its Energy and Environmental Prize for 2012 for its intelligent cruise control system, Scania Active Prediction. The system uses GPS in order to determine the vehicle's position and to predict the topography of the road ahead.
  • TagMaster heavy-duty ID-tags for mainline rail project in China
    April 23, 2012
    Sweden-headquartered RFID specialist TagMaster has received an order from Richor, the company’s premium Chinese distributor, to supply 10,000 Heavy-duty ID-tags. These customised 2.45 GHz ID-tags form part of several equipment orders relating to the Letter of Intent announced in May 2011, which covers the joint development of an RFID system for use on mainline railways in China.
  • European Space Expo lands at ITS World Congress
    October 24, 2012
    A curious looking white dome has appeared alongside the Messe centre as the European Space Expo reaches Vienna and the ITS World Congress, the latest stop of its tour of Europe. The Space Expo is essentially promoting and providing information on Europe’s space programme, much of which has direct relevance to ITS systems of tolling, goods tracking and satellite navigation, among other things. According to the Expo’s head of communication Donna Reay, in previous years the European Union has exhibited to indu