Five ‘rising star’ start-ups win €100,000 each from EU space competition
Summary
Ajuma impressed for its idea of using satellite data to monitor UV rays to prevent skin cancer, while J-Snow will use data to monitor snowfall in near real time at high resolution.Onocoys idea involved using Web3 tech to create a community-powered network of GNSS reference stations to enable ultra-accurate positioning. This could potentially benefit a variety of industries from drones to autonomous vehicles and robots.Last but not least, ClearSky Vision provides daily cloudless satellite images that can help those in agritech monitor vegetation.The competition was run by the EU Agency for the Space Programme (EUSPA). Much of its efforts focus on encouraging competitive EU start-ups to grow and scale.EUSPA oversees a lot of the EUs satellite operations, including Galileo and Copernicus. I would like to congratulate the winners but also praise all participants of the product track for their efforts such an encouragement for the future development of our EU economy, said EUSPA executive director Rodrigo da Costa.It was impressive to see how robust the business plans of the winning solutions were but also the level of market maturity and business potential, he added.The winners were announced yesterday (28 June) at an event in Prague. They had the opportunity to impress judges and EU space industry stakeholders with live demos of their business plans.10 things you need to know direct to your inbox every weekday.