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Euronews: Planetek is reaching for the stars with Copernicus

Euronews channel: Planetek is the kind of hi-tech company wich is investing and taking benefits from the European programme Copernicus.

“Copernicus: down-to-Earth opportunities for SMEs reaching for the stars”, is the new European success story described by Euronews channel’s program ‘Business Planet’. In this issue, Anne Glémarec explored the opportunities of the European programme Copernicus and the Geospatial industry, interviewing Massimo Antoninetti, of the Italian Research Council (CNR), and Giovanni Sylos Labini, CEO of Planetek Italia.

Some 58% of the global space economy relies on satellite Earth observation data This data is available on an open basis in the EU thanks to the Copernicus Programme, as Massimo Antoninetti, of the Italian Research Council explains: “By analysing the potential impact of the Copernicus programme on the European economy, we can forecast a financial benefit of 30 billions euro and the creation of at least 50,000 jobs by 2030“, “Citizens, researchers, entrepreneurs and public authorities; this information is open to everyone. It can be useful to many business sectors, such as the oil industry, insurance and transport”.

The launch of the Copernicus Programme last year boosted the Planetek’s ambitions.

“Copernicus is very important for us because it produces more environmental data to transform into more environmental information for our customers, “ says Giovanni Sylos Labini, CEO of Planetek Italia. The open and free access to Copernicus data is guaranteed until 2034, which allows Planetek to have a long-term growth strategy. The impact promises to be spectacular. “Thanks to Copernicus, in the next 10 years Planetek Italia will be 5 to 10 times bigger than now. Today we employ 50 people, and we will employ 250 to 500 tomorrow“ adds Giovanni Sylos Labini. Planetek Italia is part of what is commonly called “the downstream industries” of space economy, which should harvest most of the economic benefit of the Copernicus programme.

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