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.

Related Content

  • February 2, 2012
    Is Europe's Galileo project value for money?
    Philippe Hamet discusses the progress of the European Union's Galileo Global Navigation Satellite System Project
  • April 23, 2012
    u-blox to demonstrate Glonass positioning
    Switzerland-headquartered u-blox has announced the successful demonstration of an enhanced LEA-6H GPS module which also supports Glonass navigation. The Russian Glonass satellite system is an alternative as well as complementary system to the US-based GPS. It currently has 22 deployed satellites, with the complete constellation of 24 satellites needed for complete global coverage scheduled for the end of this year.
  • December 20, 2013
    New constellation will add accuracy and security to GNSS services
    With Galileo’s early services scheduled to start next year, Fiammetta Diani is enthusiastic about the opportunities the EU’s GNSS system will offer. Next year will be a very exciting one for Galileo, the EU’s fledgling satellite constellation; additional satellites are scheduled for launch and, as European Commission Vice President Tajani recently announced, early operational services will be starting towards the end of 2014. So it really is ‘all systems go’ as Fiammetta Diani, market development officer in
  • April 2, 2012
    Techniques to improve fuel economy by 18.7% in public transit fleets
    SmartDrive Systems, a specialist in fleet safety and operational efficiency, has announced the results of its Public Transit Fuel Efficiency Study, which reveals that transit fleets can reduce fuel consumption on average as much as 18.7 per cent, saving nearly US$3,400 per vehicle annually, by engaging in fuel-efficient, eco-driving best practices.