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

ESA

Related Content

  • Promoting cycling is the solution to congestion and pollution
    August 20, 2015
    Cycling offers health, air quality and road space/parking benefits, promoting governments and the EU to look at tax and technology initiatives. David Crawford reports. One way to improve urban air quality is to make green alternatives to car use financially attractive. Incentivising employees to switch their travel-to-work mode to using their own bikes could increase cycling’s modal share of commuting travel by 50%, a recent French research project suggests. The country’s government already subsidises pu
    Read More
  • Signal optimisation reduces congestion, improves travel times
    February 2, 2012
    The Metropolitan Government of Nashville and Davidson County's Department of Public Works(MPW) identified seven corridors in the County that experience heavy traffic congestion and needed traffic signal timing improvements to improve traffic flow as well as air quality and fuel consumption. The seven corridors included a total of 223 signalised intersections. To conduct this study, termed the Traffic Signal Optimisation Study for the Metro Nashville Signal System, MPW received funding from the Federal Conge
    Read More
  • When caring about sharing is good business for US automakers
    October 28, 2015
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
    Read More
  • Satellite-based truck tolling provides Slovak solution
    August 12, 2015
    Slovakia opted for a satellite-based tolling system and following last year’s enlargement it now has the European Union’s largest truck user charging system.
    Read More

Highlighted Content