LG 212 - Juillet 2018

LG
JUILLET/AOÛT 2018
53
Not surprisingly, Technoport has recently
shown a heightened interest in space.
Indeed, five companies that were accepted
into incubation programs in 2017 are
dedicated to the space sector, with the
relative percentage of applications in this
industry on the rise.
“As for the future, your task is not to
foresee it, but to enable it” [1]
As the discussions turned to innovation and
space, Francine Closener, State Secretary of
the Economy, depicted Luxembourg as an
international and business-friendly country
with a legacy of strong public support for
innovation. The government’s effort to
create an environment that is conducive
to the thriving of startups constitutes an
important pillar in this regard. She equally
re-affirmed Luxembourg’s ambition to
position itself as a European space hub,
noting that the creation of an economic
and legal framework for the utilization
of space resources has already attracted
a number of companies. In addition, the
envisaged launch of the Luxembourgish
Space Development Agency is supposed to
bolster the business-side of Luxembourg’s
space exploration efforts.
In his keynote speech, Jean-Jacques
Jourdain, former head of the European
Space Agency turned advisor to the Space
Resources.lu initiative, pondered the past,
present, and future of space activities.
He observed that the space industry is
currently undergoing major changes as
non-traditional actors like the Internet
industry import new agendas, timelines
and decision-making cultures, pressuring
traditional players to adapt. He predicted
that the strong reliance on data of sectors
like security, mobility, or the environment
will further solidify data as the prime value
of space, while equally positing that space
can offer a solution to earth’s finitude of
resources. Looking ahead, he maintained
that the space industry strongly exhibits the
three pillars of innovation, cooperation,
and education required to enable the
future. Actors must develop a tolerance for
risk and failure, adopt long-term thinking
and continue the legacy of space as a
laboratory for international cooperation
by creating synergies between relevant
stakeholders.
A panel subsequently discussed the
nature and future of the space industry.
Panelists largely agreed that while some
specifications such as higher risk and
costs, and longer development cycles
remain, the space sector is converging
with other industries as it is becoming
more consumer-driven, data-centric and
multifarious. They conjured up visions of
data centers placed in satellites and the
provision of Internet from a low Earth
orbit to drive individual empowerment
through connectivity and education, but
equally stressed the necessity to develop
the concomitant hardware to achieve these
ambitions. n
[1] Antoine de Saint-Exupéry,
quoted by Jean-Jacques Jourdain
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