December 11, 2020

CNES AT THE NEW SPACE ECONOMY FORUM MAKING THE TRANSITION TO A LASTING SPACE ECONOMY

Friday 11 December, CNES President Jean-Yves Le Gall addressed the New Space Economy Forum. This international event, organized from Rome, is focused on the new space economy and its ability to create new market and economic development opportunities in Europe, bringing together space agencies, government institutions, manufacturers, SMEs from inside and outside the space sector, investors, research scientists, universities and start-ups. CNES’s President was invited to the European institutions session, where speakers included Thierry Breton, EU Commissioner for the Internal Market, and Massimiliano Salini for the European Parliament’s Committee on Industry, Research and Energy.

In his address, Jean-Yves Le Gall underlined how the space industry is caught up in the momentum driven by the increasingly fast pace of change in our society. Space data are thus fuelling economic growth and creating jobs in other sectors developing numerous applications for agriculture, the environment, climate science, healthcare, connectivity and urban planning to name a few. In this context, CNES’s President emphasized the key role of institutions and space agencies. Massive public funding is subsidizing the entire value chain to meet market demands dictated by industrial, scientific, civil and military needs. To illustrate his point, Jean-Yves Le Gall cited the very concrete example of Kineis, the first constellation dedicated to the Internet of Things (IoT), of which CNES is the instigator and also a shareholder.

CNES also pays particular attention to supporting the scientific community to boost innovation and forge ties with the private sector, acting as a facilitator so that research irrigates the economy, giving priority to SMEs/SMIs and start-ups.

CNES’s President hailed the huge efforts of the European Union and European Space Agency to preserve the space ecosystem hard hit by the COVID-19 pandemic crisis. He then welcomed the announcement by the French government of its stimulus plan for space worth €365 million. Green growth and independent access to space are the main priorities of this plan, which is vital to sustain and boost the sector’s competitiveness.

CNES’s President concluded: “In this evolving landscape, CNES is a prime mover and partner for space stakeholders at national and European level to improve employment, competitiveness and skills. It is thus driving the transition towards a lasting new space economy.”

CONTACTS
Pascale Bresson    Press Officer    Tel. +33 (0)1 44 76 75 39    pascale.bresson@cnes.fr
Raphaël Sart    Press Officer    Tel. +33 (0)1 44 76 74 51    raphael.sart@cnes.fr