Luxembourg offers prizes for new space business proposals
Capitalism in space: Luxembourg yesterday announced that it will award two prizes, worth a total of 430,000 Euros, for new innovative space business ideas.
The call for submissions covers the full chain for exploiting space resources, from searching for minerals, mining and selling the processed product.The proposals should include a long-term view for developing space resources and be able to generate an economic return in the short and medium term.
The first award is a €400,000 prize to support a study under the Luxembourg national space program managed by the ESA. The second, for €30,000, is for early-stage projects and offers an investing campaign on www.spacestarters.com.
The ministry will support both award winners by offering workspace for the companies.
It sounds like they will entertain practically any ideas put forth. The deadline to submit is September 8, with the award announcement made in November.
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Capitalism in space: Luxembourg yesterday announced that it will award two prizes, worth a total of 430,000 Euros, for new innovative space business ideas.
The call for submissions covers the full chain for exploiting space resources, from searching for minerals, mining and selling the processed product.The proposals should include a long-term view for developing space resources and be able to generate an economic return in the short and medium term.
The first award is a €400,000 prize to support a study under the Luxembourg national space program managed by the ESA. The second, for €30,000, is for early-stage projects and offers an investing campaign on www.spacestarters.com.
The ministry will support both award winners by offering workspace for the companies.
It sounds like they will entertain practically any ideas put forth. The deadline to submit is September 8, with the award announcement made in November.
Readers!
My annual February birthday fund-raising drive for Behind the Black is now over. Thank you to everyone who donated or subscribed. While not a record-setter, the donations were more than sufficient and slightly above average.
As I have said many times before, I can’t express what it means to me to get such support, especially as no one is required to pay anything to read my work. Thank you all again!
For those readers who like my work here at Behind the Black and haven't contributed so far, please consider donating or subscribing. My analysis of space, politics, and culture, taken from the perspective of an historian, is almost always on the money and ahead of the game. For example, in 2020 I correctly predicted that the COVID panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Every one of those 2020 conclusions has turned out right.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
I’m a bit suspicious of these lëtzebuerger.
They are a bunch of farmers who take very well care of themselves by getting alot of EU investments, simply for geographical logistical reasons. Because lazy bureaucrats gravitate there for practical logistic purposes.
Entering the city you pass a parking lot, some banking high rises, the shopping street, the high rises where the EU translators work. And a great new concert hall and a swimming stadium. All the billions of the EU is flowing into them, these farmers who rarely even visit their city, where low paid French guest workers populate the shops.
Those farmers certainly know how to suck money out of others. I don’t know that will reach them to space. Their innovations are more social than technical, AFAIK.
Perhaps Luxembourg has a lot of agriculture, but it is also home of one of the largest commercial communications satellite companies: SES. Luxembourg may be small, but they have large aspirations for doing business in space and the experience to do it. Despite their lack of launch capability, it looks to me that Luxembourg will quickly become one of the leaders in the space industry.