Could Ireland be the next big thing in space exploration? With the news that Enterprise Ireland has a deal with the European Space Agency (ESA) to create a Space Business Incubation centre here, it could well be!
The centre’s aim is to support 25 start-up companies working in space related technology over a period of five years. Over 45 companies already work with the ESA but the number is growing by an average of five companies per year.
Taoiseach Enda Kenny was at the signing of the deal at the Enterprise Ireland Trade and Investment Mission to Netherlands and Germany.
“Ireland already has a proud record of building up a cluster of space technology companies and this new space incubator will take advantage of Government investment in research infrastructure in Ireland, the extensive network of technical facilities and expertise of the ESA, as well as the business development resources of Enterprise Ireland.”
So far the Irish investment in the sector has created 600 technology jobs which is forecast to double by 2020.