Press releasesDecember 19, 2019
LUXEMBOURG, Luxembourg, Dec. 19, 2019 /CNW Telbec/ – The Luxembourg Government and NorthStar Earth & Space signed a Letter of Intent on 19 December 2019 to create a Centre of Excellence for Clean Space in Luxembourg and to consider a contribution to NorthStar and its innovation activities in order to promote the safe and sustainable use of outer space for the benefit of all humanity.
The Centre will be operated by NorthStar in Luxembourg, it will deliver highly accurate Space Traffic Management and Space Situational Awareness information services. The Centre of Excellence for Clean Space will enable collaboration and cooperation with the international academic, industrial and governmental partners from the space and data analytics sectors already established in Luxembourg. This will promote an open, safe and sustainable use of outer space for the benefit of all mankind, common goals shared by Luxembourg and NorthStar.
Étienne Schneider, Luxembourg’s Deputy Prime Minister and Minister of the Economy stated: “The establishment of this Centre in the Grand-Duchy is in line with the country’s efforts to stimulate innovation and technological development in the data space sector. The project fits perfectly into our national data-based innovation strategy that aims at building a sustainable and reliable digital economy in general and the sustainable commercialization of space activities in particular.”
“The world faces global challenges which require technology companies and governments to innovate together,” said Stewart Bain, CEO and Co-Founder of NorthStar Earth & Space. “NorthStar is dedicated to developing solutions critical to space governance, security and sustainability. As we move into the year 2020 and beyond, we are proud to have Luxembourg as our partner.”
About North Star Earth & Space:
NorthStar is to empower humanity to preserve our planet via the creation of a unique Space and Earth information platform dedicated to space-based Space Situational Awareness (“SSA”) and Earth Intelligence.
NorthStar will transform the way governments, industry and NGOs assess risk, enforce regulations and make decisions to foster the sustainable development of our planet and deliver a safe and secure near-space environment for the global satellite community.
About the Grand Duchy of Luxembourg:
For nearly four decades, Luxembourg has been at the forefront of commercial and co-operative initiatives that have shaped a vibrant space economy. Luxembourg’s first foray into space came in 1985, with the creation of the Société Européenne des Satellites (SES), a landmark for satellite telecommunications and a global leader in this sector today. Further space-related services and businesses have developed alongside SES, giving birth to an entire space industry in Luxembourg. Today, the space sector’s contribution to national GDP is among the highest in Europe. Luxembourg launched the SpaceResources.lu initiative in 2016 as the next step in its drive to develop a cutting-edge space industry by positioning the Grand-Duchy as a center for the exploration and utilization of space resources.
SOURCE NorthStar Earth & Space Inc.
For further information: email@example.com