Importance of Space Technology in Current Trends
- Connectivity: Space allows communication where ground infrastructure fails or is absent (remote areas, disaster zones).
- Climate change is ongoing, increasing the need for space technologies in disaster management (floods, wildfires).
- Demographic trends: Aging populations and overpopulation in different regions require better urban planning and sustainable energy, supported by space data.

Space as a Business Opportunity
- The global space market exceeds €600 billion, larger than cybersecurity, VR, and currently AI.
- Space industry growing at a double-digit annual rate.
- EU investments total around €16 billion plus additional national funds.
- The Cassini program supports over 600 startups in space entrepreneurship and manages €1 billion investment.
- Private investment strong with over €15 billion invested in space companies in 2021 and more than 200 deals annually.
- Venture capital engagement is growing, especially in Poland, with several funds and companies listed on stock exchanges.
- Examples of successful European space companies: Iceye (satellite imagery), ClearSpace (space debris removal), and companies involved in data analytics.

Applications of Satellite Data Across Industries
- Energy: Enel used satellite data to assess climate risk on energy grids and improve infrastructure resilience.
- Retail: IKEA employed satellite data to ensure sustainable wood sourcing, verifying no deforestation impacts.
- Finance: World Bank used space data to evaluate sustainability and biodiversity impact of infrastructure investments.
- Hospitality: Core Hotels developed dashboards using environmental data for real-time monitoring to forecast tourism demand and assess climate impact on operations.

Services Offered by EU Agency for the Space Program (EUSPA)
- Support for startups: Hackathons, prize competitions, matchmaking with investors through the Cassini program.
- Support for corporates: Business process analysis to identify where satellite data can add value, similar to how AI is integrated.
- Support for investors: Deal flow generation, startup scouting, and technical due diligence support.

Actionable Items / Tasks
- Startups: Engage with Cassini program for funding, mentorship, and networking opportunities.
- Corporates: Consult with EUSPA to explore integrating satellite data into business processes.
- Investors: Join EUSPA networks to access space startup investment opportunities and technical expertise.
- All interested parties: Visit the EU Space Days and Cassini booth for personalized discussions and case evaluations.