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The Space Resources initiative, launched by the Luxembourg government in 2016 in order to facilitate the peaceful exploration and use of space resources by commercial companies, has turned the country into an international hotspot for the “new space” economy and an attractive partner for other nations interested in this expanding sector. Poland, represented by its Minister of Entrepreneurship and Technology, Jadwiga Emilewicz, signed a Memorandum of Understanding (MoU) with Luxembourg in October to start bilateral cooperation on space activities with a particular focus on space resources. Luxembourg has already signed similar agreements with Portugal, Japan, China, the Czech Republic and the United Arab Emirates.

The five-year MoU covers the exchange of information and expertise in the areas of space technologies, policy, law and regulation. The countries will also promote a constructive dialogue with all United Nations member states in order to clarify and improve the transparency of current international legislation applicable to the exploration and use of space resources.

Luxembourg’s Deputy Prime Minister and Minister of the Economy, Étienne Schneider, highlighted the numerous business relationships between the two countries and the fact that satellite operator SES has its regional headquarters for Central and Eastern Europe in Warsaw. “Building on these economic ties,” he said, “this agreement will further endorse cooperation at bilateral and multilateral levels in order to progress together with other nations on a future governance scheme and a global regulatory framework for space resources”.

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Pitch Your Start-up: €100,000 to boost your business

22-02-2019

The 5th edition of Pitch Your Start-up will take place on 21 May 2019. Local and international start-ups can already apply online to try to win the €100,000 prize. Participation is free of charge.
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The University of Luxembourg launches interdisciplinary Space Master

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In September 2019, the University of Luxembourg will launch a two-year interdisciplinary Space Master programme. The aim of the programme is to generate a talent pool of highly skilled engineers and innovative entrepreneurs who will be able to create and manage leading commercial space enterprises.
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Luxembourg returns to Vivatech

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Supportive policies boost entrepreneurship in Luxembourg

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Infrastructure and governmental policies are the main strengths of Luxembourg’s system of entrepreneurship, according to both experts and the overall population. The country also has the highest proportion of innovative start-ups in Europe.
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Industry is not dead

31-01-2019

For the Chairman of the business federation FEDIL — the Voice of Luxembourg’s Industry, Industry 4.0 is just another chapter in the process of evolution and development of a sector that remains strong and has a capacity to respond to political or technological shocks.
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