Hundreds of innovative companies-many with little or no direct connections to the space industry-have prospered from forming partnerships with the European Space Agency.

ESA's Business Applications and Space Solutions programme co-funds projects and start-ups while offering technical and business support to companies that seek to deliver rapid innovation and raise private investment. Overall ESA spends 400 million euro a year on strengthening the competitiveness of European and Canadian companies in the global markets not only for satellite communications but also for downstream applications.

One recent success is Mynaric, a German company that is making laser communication equipment for airplanes, drones and, eventually, high-altitude platforms. The company, which was founded as a spin-off from the German Aerospace Centre (DLR) in 2009 and supported by the ESA Business Incubation Centre in Bavaria, uses lasers to send data securely, wirelessly and at rapid rates over long distances.

Ultimately it seeks to build a fully-meshed airborne broadband system to transform in-flight connectivity. The company floated on the Frankfurt stock exchange in October 2017 and raised 27million euro in investment. It now employs more than 100 people.

"The real boon we received from ESA was its business support," said Markus Knapek, a co-founder of Mynaric. "We used ESA's Business Incubation Centre for two years from 2010. It was a real help in increasing our presence and visibility.

"We were able to avail ourselves of business consultancy services, which helped in establishing the business, and the general start-up atmosphere helped in establishing contacts. Importantly, the ability to rent offices close to the DLR at Oberpfaffenhofen, kept us close to the organization out of which we grew. From there on in, we were able to grow to the 100-strong company we are today."

Although the invention remains many years from becoming commercially available, Lilium has raised more than 100million euro in investments from private partners since it was launched in 2015 at the ESA Business Incubation Centre in Bavaria. The company has grown to employ some 200 people.

Meanwhile engineers at Open Cosmos, founded in 2015 and now hosted at the ESA Business Incubation Centre in Harwell, UK, have raised 7 million euro in private funding to build and launch small, inexpensive satellites.

Traditional satellites take several years to plan, build and launch and cost tens or hundreds of millions of euros, but Open Cosmos is offering to do the job within a year and at prices from 600 000 euro.

The company, which employs just under 50 people, launched its first nanosatellite in April 2017.

"ESA has demonstrated a strong track record in supporting innovation and industrial competitiveness. The vision of ESA Business Applications and Space Solutions is to improve the lives of people on Earth through space. We make this possible by enabling and supporting businesses through the commercialisation and application of space technology for everyday services," said Nick Appleyard, Head of ESA's Business Applications department.

Space has become an integrated part of our daily lives. From smartphones to agricultural monitoring, the socio-economic benefits of space activities are so diverse that they are not always so obvious to the general public. ESA focuses this week on what space is doing for the economy, in particular, highlighting the flourishing applications domain and business opportunities.

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