HomeTechnologyThe space industry is a great opportunity for Hungarian companies

The space industry is a great opportunity for Hungarian companies

The distance between space and our everyday lives is much smaller than we first thought. Even the simplest business idea may be suitable for conquering the galaxy. With the help of the incubation program of the European Space Agency and the Design Terminal, domestic companies can now be active participants and winners in this process: they can receive mentoring and a scholarship of up to EUR 50,000 in the ESA BIC Hungary program.

You feel weightless, if you wear a comfortable sneaker? Have you ever thought about astronauts while baking pancakes? Or the use of pens in spacecraft due to shavings falling from a pencil during sharpening? Countless technological solutions, which are now natural to us, started from the space industry a few decades ago. In the context of research and development programs aimed at the conquest of outer space. Dare anyone say that there is no transition between the space industry and business! Teflon was used to make spacesuits, while cutting pencils were flammable in spacecraft, a problem that gave birth to the idea of ​​pen inserts.

says Matthias Maurer, an astronaut at the European Space Agency (ESA). to the ESA. The organization has been working actively for six years, together with Hungary, on the development of Hungarian space activities. This collaboration is now rising into new spheres: Design Terminal will take over the domestic representation of ESA’s space activities and will now lead the ESA Business Incubation Center Hungary Program, which will pave the way for domestic companies to enter the space industry. The opening of the program was held today by the Design Terminal at the National Dance Theater. “Instead of machines, the human mind, our own and our community’s knowledge is becoming the most important means of production. The space industry is one of the most important areas where Hungary can use it.”

Enterprises entering the space industry have a huge they have the opportunity to develop. Dr. Orsolya Ferencz, Ministerial Commissioner for Space Research of the Ministry of Foreign Affairs and Trade, emphasized that space research is an area in which anyone can get involved. Not only doctors, engineers or physicists, but also economists, lawyers and young entrepreneurs.

Geraldine Naja, Acting Director of Trade, Industry and Procurement of the European Space Agency, emphasized in a video message: , and there are plenty of talented young people in Hungary who can stimulate new industrial competencies.

The main goal of ESA BIC Hungary is to develop successful space startups and to create and strengthen a space community in Hungary. Start-ups included in the program will receive, inter alia, an incentive of EUR 50 000 in addition to business mentoring and technical support

Applications can be submitted at this link until 21 October

Total ESA It operates 22 incubation centers on the continent and has already supported more than 1,100 businesses. Several of these have now grown into global companies. The Design Terminal will provide Hungarian companies with a high level of professional support. DT boasts similar figures to ESA: as an innovation agency, incubation programs are organized in 12 countries and they have already been involved in the development of more than 1000 companies

Companies are invited to apply for the 12-24 month incubation program. , whose product or service is based on a new technological invention or uses an existing technology in a novel way. So on the business spacesuit, the frontier this time is the star milk, collaboration with ESA can now even lead to the invention of a new AirMax!

Hardware, software, tests, curiosities and colorful news from the IT world here clicked

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Sandra Loyd
Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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