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

  • Czech Republic deploying smart traffic lights to combat speeding
    May 4, 2012
    Municipalities in the Czech Republic are increasingly deploying smart traffic lights with radar that detects the speed of approaching vehicles and turns the signal red to slow them down to the required speed limit. Currently there are about 100 installations because mayors believe they are more efficient than speed cameras or speed humps. According to one mayor, over 90 per cent of drivers slow down because of the technology. The traffic light system contains a microwave radar sensor which measures speed. I
  • Karhoo among winners of European Startup Gold Prize
    April 16, 2019
    Ride-hailing platform Karhoo was selected as one of the Gold Prize winners for the European Startup Prize for mobility in a ceremony at the European Parliament in Brussels. Other Gold Prize winners are: Geovelo for its software platform for cyclists, Shotl (mobility platform for public transport operators), Twaice (predictive battery analytics software) and Einride (all-electric autonomous vehicle services). Karhoo was chosen among the 50 finalists by a jury of mobility influencers and thought leade
  • Senet and Frost combine to combat chill
    October 9, 2020
    Partners use LoRaWAN spec to help save municipalities money on winter roads
  • Commercial vehicle cross-border enforcement needs muscle
    February 3, 2012
    A look at the current status of cross-border enforcement of commercial vehicle operation in the European Union and a look at what still needs to happen to realise a coherent working system