Irish companies signed European Space Agency (ESA) contracts with a total value of \u20ac24 million last year, a record figure and more than double the 2023 total, the Government has said. <\/p>\n
On Wednesday, Enterprise Ireland and the Department of Enterprise, Tourism and Employment published the annual Space Activities in Ireland report. <\/p>\n
It details the work that Irish companies are doing in the space sector in the context of the Government\u2019s National Space Strategy, launched in 2019. <\/p>\n
Some 116 companies have now secured contracts with the ESA since the strategy was launched, according to the report. <\/p>\n
Last year, companies based in the Republic secured \u20ac24 million in contracts with the agency, up from \u20ac9.9 million in 2023. <\/p>\n
The space technology market was estimated to be worth \u20ac436.69 billion in 2024, rising to \u20ac469.6 billion in 2026, according to the report, and is expected to grow to more than \u20ac896 billion through to 2034. <\/p>\n
\u201cThe achievements of Irish companies in the European Space Agency over the past year demonstrate the extraordinary capability and ambition that exists across our space sector,\u201d said Minister of State for Employment, Small Business and Retail Alan Dillon. <\/p>\n
He said that \u201c2024 was the most successful financial year yet for Irish space enterprises\u201d, underlining \u201cthe return on Ireland\u2019s investment in ESA and the value of international collaboration in driving innovation and sustainable growth\u201d. <\/p>\n
The report\u2019s publication coincides with the ESA Council of Ministers taking place in Bremen, Germany, this week, with Mr Dillon leading the Irish delegation. <\/p>\n
Jenny Melia, chief executive of Enterprise Ireland, said the indigenous space sector has seen \u201cextraordinary growth\u201d over the past decade, \u201cfrom around 30 space-active companies to 116 today\u201d. <\/p>\n","protected":false},"excerpt":{"rendered":"Irish companies signed European Space Agency (ESA) contracts with a total value of \u20ac24 million last year, a…\n","protected":false},"author":2,"featured_media":201057,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[270],"tags":[111050,18,12586,28434,19,17,111051,133,451],"class_list":{"0":"post-201056","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-alan-dillon","9":"tag-eire","10":"tag-enterprise-ireland","11":"tag-european-space-agency","12":"tag-ie","13":"tag-ireland","14":"tag-jenny-melia","15":"tag-science","16":"tag-space"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115615668957929424","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/201056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=201056"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/201056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/201057"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=201056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=201056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=201056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}