Prizes offered for innovative satellite technologies
EPO sponsors prize in the European Satellite Navigation Competition
Our society is now dependent on satellite technology in ways we could never have imagined just twenty years ago. There are now a billion GPS devices in use around the world - mostly in our mobile phones and vehicles. But satellite technology has many other applications, from earth observation for agriculture and forestry to logistics, aviation and maritime navigation. The European market for this technology is growing, and is expected to be worth €244 billion by the end of the decade.
The European Commission's Galileo Project will provide Europe with a satellite navigation system all of its own (GNSS), independent of the US-developed GPS system. To promote and support European companies and researchers developing new satellite applications, the EC runs the European Satellite Navigation Competition (ESNC) to encourage innovation at the forefront of space-related communication technologies.
As part of this year's competition, and for the first time, the EPO will award a prize for the best patented satellite technology. The winner(s) will receive a detailed economic study on the market potential of their invention, as well as being in with a chance to be shortlisted for next year's prestigious European Inventor Award - with all the positive publicity that would bring.
Submissions must be made by 30 June 2013.