Technology transfer and SMEs

Technology Research and Development (TR&D) is a strategic enabling element of any space undertaking, whether commercial or noncommercial. The timely availability of the relevant technologies in Europe is a key factor in ensuring both the competitiveness and independence of the European space industrial fabric. TR&D is also a key element in the implementation of an overall space strategy, Europe has invested more than 150 billion Euro to date in the development of space programmes and their related technology. This investment, channelled mainly through ESA and national space agencies, has made it possible to create a strongly performing industrial base, competitive both in launcher products and services and in satellite markets at the global level.