Luxembourg awards prize to Taiwan company


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Capitalism in space: A Taiwanese company has won Luxembourg’s second SpaceResources.lu challenge, winning €500K.

Initiated by the ESA, the Space Exploration Masters competition targets participants from all around the world. A total of 7 prizes were awarded in collaboration with international partners, including a 500.000 euros prize by the Luxembourg Space Agency.

ODYSSEUS Space is a startup created in 2016 with the aim to provide innovative technologies and solutions for future deep space and swarm small satellite missions. To date, ODYSSEUS Space team members have participated in over 15 small satellite missions from 7 different countries.

As part of the deal, the company will move its headquarters from Taiwan to Luxembourg.

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