27.09.2022
ESA business boosts small space companies
ESA continues to break down barriers and create more opportunities for small companies to get involved in space. Start-up companies and small enterprises offer agile and bespoke development adding value to Europe’s future space economy.
One of the greatest concerns for a startup entering the space domain is securing its first contract. However, by 2020 about 1800 small and medium-sized enterprises (SMEs) working with ESA and for EU space projects together achieved an annual turnover of €3.9 billion with a total of 33 000 employees.