GNSS Investment Report – March 2022

Practice Area:Space
Client:EU Agency for the Space Programme (EUSPA)
Published: March, 2022
Tagged: EU

LE Europe, along with partners VVA and Evenflow were commissioned by EUSPA to assist with the preparation of the first Global Navigation Satellite Systems Investment Report.

The report provides a comprehensive investment analysis of the Global Navigation Satellite Systems (GNSS) market that examines and forecasts the dynamics of the sector overall. It also provides the current state-of-play of available public and private funding and identifies needs and funding gaps for GNSS companies and start-ups in the EU.

The report finds that Europe still holds a strong position in the global landscape of GNSS downstream solutions – products and services linked to navigation satellites. Europe, both at a private and public level, will need to invest up to € 42 billion in the next 10 years to remain competitive and continue to rely on domestic suppliers. The full report can be read at the above link.