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Find out why Luxembourg is a smart location for high-performance business and industry.
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Japanese space robotics company ispace opened an office in Luxembourg in February 2017. “We were looking for a European base to expand our business development and operations,” says Managing Director Kyle Acierno. “When the Space Resource initiative was launched, we saw that the vision of the Luxembourg government was very similar to our own.”
Over the past two years, Luxembourg has established itself as the European hotspot for “new space” companies engaged in the commercial exploration and exploitation of space resources. In order to support its fast expanding space community, the country launched a business-oriented space agency in September 2018. The agency will support the industry, attract new companies, develop human resources and offer innovative financial solutions.
With offices in the US, the UK and Singapore, space data and analytics company Spire opened its European headquarters in Luxembourg at the beginning of 2018. It was the SpaceResources.lu initiative and Luxembourg’s innovative vision for the new space economy that first attracted the company’s interest. “Luxembourg definitely has all the ingredients for becoming a main centre for the space economy in the coming decade,” affirms CEO Peter Platzer.