Luxembourg is already a pioneer in space with existing recognition and credibility achieved over many years, through its bold move into the satellite industries or the recent launch of the SpaceResources.lu initiative. Developing and expanding Luxembourg’s space business sector is a priority for the country’s future.
Thus, the Ministry of the Economy is working to enable an innovative vision of space exploration and development, which envisages creating new markets in the space sector. As an international platform for commercial space development, Luxembourg offers a home for emerging industries.
The establishment of a Luxembourg Space Agency is a logical next step in achieving the country’s vision to create an innovative can-do environment for space entrepreneurs. The new business and innovation-focused entity will further enable the development of the space ecosystem in Luxembourg, jointly with national and international partners.