SINC 2023 - banner

Luxembourg creates European space resources centre ESRIC

Paris, 19 November 2020. – Luxembourg partners with the European Space Agency (ESA) to create the European Space Resources Innovation Centre (ESCRIC), the Luxembourgish Government announced.

ESRIC wants to partner with public and private international players “to create a hub of excellence for space resources in Europe”, the Government and the Centre said in a joint announcement.

“Unique of its kind, ESRIC aims to become an internationally recognised centre of expertise for scientific, technical, business and economic aspects related to the use of space resources for human and robotic exploration, as well as for a future in-space economy.”

The ESCRIC agreement was signed by Luxembourg’s Ministry of Economy, which supervises the Luxembourg Space Agency (LSA), the Luxembourg Institute of Science and Technology (LIST), and ESA.

The creation of ESRIC is part of Luxembourg’s initiative SpaceResources.lu, which was launched in 2016 to develop the exploration and use of space resources.

Check Also

#SpaceWatchGL Opinion: Creating a Commercial Space-Based Solar Power Industry

The idea of space-based solar power has been around since the 1960s, but recently gained new momentum. While we already use solar power today on Earth, there are a few drawbacks to putting solar panels on our rooftops or fields. The most important is the intermittent nature of Earth-based solar power, as its power generation fluctuates during the day - and goes down to zero at night. In addition, to compensate for this intermittency and the low load factor (appx. 11 % yearly average), large areas of land have to be covered with solar power to produce enough energy, and storage or backup capacities are needed for the nights and winter months.

© Copyright SpaceWatch.Global GmbH 2023, All Rights Reserved