The workshop was an excellent opportunity to explore the full range of initiatives, including innovation governance models and policy measures that could contribute to the growth of the space economy. As innovation can be triggered by many factors, participants examined the type of measures that can be used to track innovation and its impact on the creation of new applications.
A special interest was given to the role of satellite information and big data in the creation of innovation in the changes in the traditional space applications’ paradigm. Representatives from public institutions such as ESA, the UK Space Agency, and private companies including Agriculture and Agri-Food Canada, CGI IT UK, and what3words, shared their experiences using satellite capacity and big data opportunities.
John Auburn, RHEA Group’s strategic advisor, presented the company’s strategy for downstream applications and innovation on the space-based technologies for creating new business opportunities for other industries, such as transport, infrastructure, agriculture, energy, and aviation. “RHEA Group is extending its product range to other sectors, and we are proud of our space industry background, that had facilitated our engineering contributions and growth to other areas.”