Dear Φ-lab community,
As we’ve reported previously, the ESA InCubed programme was successfully renewed by Member States at CM22, and InCubed’s mission continues to be to strengthen the global competitiveness of European commercial Earth observation (EO). Based on the lessons learned since InCubed’s inception, a number of Invest Actions have been conceived (open to Participating States on an optional basis) in order to support this central mission.
One of the most potent of these will be the EO Maker Space. Consisting of a wide range of small, rapid activities aimed at closing specific market gaps, EO Maker Space will deliver proofs of concept that target market needs and exploit innovative assets and technologies such as artificial intelligence, new computing paradigms and non-fungible tokens. The activities will be carried out by industry, research centres and the like, and will be overseen by an activities coordinator (the Local Partner) in collaboration with InCubed. In adopting this agile, multi-player approach, the EO Maker Space Invest Action seeks to reinforce the link between emerging trends and the EO commercial ecosystem.
Other exploratory activities will be covered by the InCubed Industrial Fellowship invest action, which will facilitate commercially focused, innovative research topics, leading to the co-funding of industrial PhDs and post-docs. Support to prospective and current InCubed companies will be provided both by InCubed ambassadors and through business coaching from venture capitalists, market builders and industry experts.
With such a broad-based game plan, these new Invest Actions will make a significant contribution to nurturing and reinforcing the unique competitive advantage of the European EO sector.
The Φ-lab team