search

ispace develops small, lightweight landers and rovers that will be used to explore the surface of the Moon. SpaceX will be the launch provider for its maiden voyages to the Moon scheduled for 2020 and 2021. The Luxembourg office focuses on business development, R&D, payload development, engineering and integration. It will also be the centre for analysing data from the lunar missions. ispace collaborates with the Luxembourg Institute of Science and Technology (LIST) to develop a miniaturised mass spectrometer that will explore elemental compositions of lunar ice and regolith. Luxembourg co-funds relevant activities through national R&D grants, research support and the programmes of the European Space Agency.

The Luxembourg government has stood by our side in what can sometimes be a very political environment.

“The support provided is certainly attractive,” says Mr Acierno, “but there are two other things that I think are even more important. Firstly, the legal framework for exploiting resources harvested in space – we will not claim such resources any time soon, but it shows the strong political support – and secondly, the fact that we are able to approach this business with a partner thanks to the relationships we have built up with the government. They have stood by our side in what can sometimes be a very political environment.”

ispace is currently setting up a “lunar yard” at its premises that will be used for perfecting the navigation and positioning of lunar vehicles. These facilities will also be open to other companies, Mr Acierno explains, adding: “We want to show the general public and the government that our presence in Luxembourg is a success story.”

Read more

ESRIC Start-up Support Programme welcomes the five new ventures

19-09-2023

Launched in 2021, the Luxembourg-based Start-up Support Programme is the first worldwide incubation programme, entirely dedicated to the field of space resources utilisation.
Read more

“Luxembourg exceeds my expectations”

12-09-2023

Korean start-up Posture AI addresses a common health problem: backpain. After developing its artificial intelligence solution using smart posture devices from its base in South Korea, the company has now chosen Luxembourg as its base for targeting the European market and moving forward with the data dimension of its products and services.
Read more

New law introduced in Luxembourg to facilitate the hiring of skilled labour

05-09-2023

The new law simplifies the hiring of non-EU nationals and grants family members of third-country nationals holding a residence permit access to the labour market as soon as they arrive in Luxembourg.
Read more

"Supporting the development of the start-up ecosystem in Luxembourg"

24-08-2023

Minister of the Economy, Franz Fayot, discusses the recent startup roadmap “From Seed to Scale” designed to support the ecosystem's continuous expansion as it navigates a new phase of maturity.
Read more

Inflation in Luxembourg continues to rank among the EU’s lowest

22-08-2023

Luxembourg recorded the second lowest annual inflation rate in the EU, according to the latest July figures shared by the statistical office of the European Union, Eurostat.
Read more

Resources all news

Fermer