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

  • California’s green transport solution – the electric cargo bicycle
    August 29, 2013
    An electric cargo bike, the 2x4 (two by four), developed by California-based NTS Works, can carry large objects into tight urban centres and other locations where deliveries by full-size vehicles can be difficult and costly, according to the company. The lightweight, compact 2x4 is only slightly larger than a conventional cycle and has a flat cargo bed in front that can hold up to eight grocery bags. An electric motor assists the rider when pedalling and is adjustable via a handlebar mounted display so
  • Transport Ministers declare determination to improve global connectivity
    May 4, 2012
    “Seamless transport is a powerful and ambitious strategic vision for the future of transport systems,” Transport Ministers from 53 member countries stated in a common declaration agreed at the annual Summit of the International Transport Forum on Seamless Transport: Making Connections in Leipzig, Germany. Seamless transport, the declaration says, “drives the development of better mobility and sustainable economic growth”.
  • Driving innovation at Road Expo 2012
    October 2, 2012
    Road Expo, Scotland's largest traffic management and highway maintenance event, opens on 7– 8 November 2012 at the Royal Highland Centre, Edinburgh. Road Expo provides road professionals with the opportunity to see the latest technology and get to grips with the implications of legislative changes. The 2012 show will be packed with features offering visitors the opportunity to network with peers, exchange ideas and discover ways to increase efficiency and reduce costs. Over one hundred leading suppliers i
  • MoDOT to build highway of the future in birthplace of the interstate highway system
    June 3, 2015
    The Missouri Department of Transportation (MoDOT) is soliciting proposals from private industry, entrepreneurs and innovators around the world to use I-70 between Kansas City and St. Louis as a testbed for their ITS solutions. Called Road to Tomorrow, the stretch of the interstate is being dubbed as the highway of the future and is being built at the birthplace of the U.S. Interstate System. Missouri was the first state to begin construction shortly after the 1956 bill was signed into law by President Dwi