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« NewSpace Europe » conference in Luxembourg

Published Saturday November 18 2017

On 16 and 17 November, Luxembourg organized NewSpace Europe, the first space conference outside of the United States to focus solely on the new space industry and the economic opportunity of space. Organized by the Ministry of the Economy and the Space Frontier Foundation at the European Convention Center in Luxembourg City, NewSpace Europe centered around the theme “New Frontiers of Opportunity” and highlighted the exponential growth of the space ecosystem, critical to creating a sustainable space economy across the world. Through engaging conference sessions and unique networking opportunities, participants had the opportunity to discover technologies and ideas from across space and other diverse markets that are shaping and leading the industry.

Building on its long history at the forefront of the commercial satellite communications industry, Luxembourg, through its  initiative, aims to play a leading role in the exploration and utilization of space resources and positions itself as a European hub for NewSpace industries. The goal of Luxembourg’s initiative is to ensure that space resources explored under its jurisdiction serve a peaceful purpose, are gathered and used in a sustainable manner compatible with international law and for the benefit of humankind. Luxembourg’s vision is built on support for advanced research activities and technological capabilities, drawing on the country’s existing expertise in the space sector and its ongoing strategy of economic diversification into future-oriented high-tech industries.

H.R.H Prince Guillaume, the Hereditary Grand Duke of Luxembourg, participated in the opening session of the NewSpace Europe conference which included a message by SpaceX CEO Elon Musk and speeches by Deputy Prime Minister and Minister for the Economy Etienne Schneider as well as Gwynne Shotwell, President and COO of SpaceX and Karim Sabbagh, President and CEO of the Luxembourg-based world-leading satellite operator SES.

The evening of 16 November 2017 was dedicated to the European award presentation ceremony as part of the Space Exploration Masters. This international competition organized by the European Space Agency (ESA) aims to identify successful technology transfers from space exploration programs, as well as to reinforce and encourage commercial innovation in the context of space exploration activities. The Ministry of the Economy also presented a special award in the context of its  initiative.