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

  • Submissions invited for the 2012 ITS video competition
    July 11, 2012
    Following the success of the 2011 ITS Video Competition held at the European ITS Congress in Lyon, France, submissions are now being invited for this year’s competition which will culminate at the ITS World Congress, being held in Vienna, Austria, from 22-26 October, 2012.
  • Trailer telematics a catalyst for fleet optimisation, Finds Frost & Sullivan
    July 2, 2012
    The trailer telematics market is fast developing into a major growth engine for the commercial vehicles telematics market in Europe. Immense opportunities await telematics vendors as a majority of the trailer population in Europe (as well as North America) remains underpenetrated. Within the trailer telematics market, trailer location and tracking is the most developed application. However, security concerns and the need for effective mobile asset monitoring and management are creating several new applicati
  • Speakers line-up for ITS Europe
    May 27, 2016
    The 11th ITS Europe congress and exhibition opens in Glasgow on 6 June, organised by Ertico-ITS Europe in partnership with the European Commission and hosted by Glasgow City Council and Transport Scotland. Speakers at the Opening Ceremony, chaired by Master of Ceremonies Melinda Crane, include Cees de Wijs, Ertico-ITS Europe, Depute Lord Provost, Bailie Gerry Leonard, Glasgow City Council, Humza Yousaf, Minister for Transport and Islands, Scotland, John Parkinson, director of Motoring, Freight and London
  • Assocations news worldwide
    May 13, 2016
    ITS America 2016 promises to be anything but ‘business-as-usual’ as its new president and CEO, Regina Hopper, aims to broaden the scope and discussions at the event, billed as “A New Show Representing This Transformative Moment in Intelligent Transportation.” Signifying the changes, this year’s event is in San Jose at the heart of Silicon Valley and has adopted the theme “Integrated Mobility. Transportation Redefined.”