Ireland's aerospace industry set for 'take off' at Enterprise Ireland's first Space & Satellite Conference in Dublin
27th October 2015
Today, Enterprise Ireland hosts a Space & Satellite Conference, where 9 US industry leaders discuss the dynamic, changing nature of the aerospace industry and explore potential collaboration opportunities with Irish suppliers. Travelling to Dublin for the event include NASA’s Johnson Space Center Office of Strategic Partnership, Teledyne Brown Engineering, Firefly Space Systems and PlanetiQ.
The space and satellite industry is expanding rapidly and becoming more commercially focused, with a need for increasingly flexible, innovative solutions that can be delivered to the market quickly. There is a growing opportunity for non-space industries such as energy, medical, transport, and communication to exploit satellite technologies to enable commercial applications. This is driving demand for larger numbers of lower cost satellites, and an increased capability to launch them. This shift to larger numbers of ‘production’ satellites changes the economics for the supply chain in a beneficial way.
Randy Bounds, Enterprise Ireland’s Senior Market Adviser, Aerospace North America commented:
“Enterprise Ireland has identified a significant market opportunity within North America for a breadth of innovative Irish companies across this exciting sector. We are in the early stages of defining the specifics of these opportunities but the engagement of the attending senior executives from the largest players in the aerospace industry demonstrates a willingness from them to seek out and embrace innovation from within Ireland.”
Ireland has developed good capability in this sector through the European Space Agency. Tony McDonald, Programme Manager, European Space Agency Programmes Enterprise Ireland commented on the opportunity for Irish companies:
"The expansion in commercial space activities offers a growing opportunity, not just for established space companies, but companies with relevant, innovative technologies from other sectors, as well as companies that can integrate satellite systems and satellite data into existing products and services. This event will provide Irish companies with a better understanding of the rapidly developing US space and satellite market."