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

  • EGNOS for freight tracking and tracing
    February 10, 2015
    Tracking and tracing devices have been universally adopted in ITS for freight transport and logistics. In addition, through its policies and research initiatives, the European Union is stimulating technological innovation in the use of advanced satellite-based technologies to support smart mobility, higher efficiency and security of freight transport in the logistics chain
    Read More
  • Another 10,000 security cameras to be deployed across Bangkok
    August 3, 2012
    The Bangkok Metropolitan Administration (BMA) is to install another 10,000 security cameras equipped with links to police stations at strategic locations across the Thai city by the end of this year. Data from the new cameras, along with the 10,000 that have already been deployed, will also be used by the intelligent traffic information centre and the Traffic Police Division to monitor traffic conditions across the city.
    Read More
  • Euromed countries warm to Galileo’s services
    June 6, 2014
    The EU is helping countries in North Africa and the Middle East utilise Galileo’s services. With its Galileo constellation rapidly taking shape, the European Union has opened lines of communication with countries in North Africa and the Middle East with a view to assisting their governments and businesses to utilise the satellite services that extend across the Mediterranean. The services available to countries are provided through the European Global Navigational Satellite System (E-GNSS), which includes a
    Read More
  • Key trends and forecasts for the North American and Latin American automotive navigation and telematics services
    July 19, 2012
    According to a new report from Frost & Sullivan, the North and Latin American automotive navigation markets are on the cusp of a shift to connected navigation systems that offer real-time traffic information and local searching options. Navigation systems, whether by original equipment (OE) fitment, aftermarket, or portable navigation device (PND), are feeling the heat of competition from smartphone-based navigation applications. Low-cost smartphone replication technologies are helping navigation markets br
    Read More

Highlighted Content