European Space Agency and GSMA Foundry Forge Ahead with Partnership, including funding opportunities to help the industry pioneer new innovations in terrestrial-satellite communication

BARCELONA, Spain, Feb. 26, 2024 /PRNewswire/ -- The European Space Agency (ESA) and GSMA Foundry today announced a series of new initiatives – including up to €15 million in funding opportunities – to help the mobile and satellite industries collaborate on developing new, innovative satellite and terrestrial networks technologies.
Launched at MWC Barcelona 2024, the partnership will focus on five key areas of innovation to help telecommunications companies develop new services for society bringing together terrestrial and satellite communications. The initiatives are also designed to help open up new revenue streams previously not possible. New research by GSMA Intelligence estimates that new innovations in satellite can bring an additional $30–35 billion in income to the industry by 2035, equivalent to a boost of 2.0–2.5% to the current mobile revenue base
5% to the current mobile revenue base
The five key initiatives announced today are:
Antonio Franchi, ESA's Head of the 5G/6G Non-Terrestrial Network (NTN) Programme Office, said: "ESA is proud to partner with the GSMA on a variety of impactful initiatives in our commitment to advance connectivity solutions, through the integration of satellite and terrestrial networks. One of ESA's aims is to connect everyone, everywhere and at any time, and this powerful collaboration with GSMA is a significant step in advancing the mobile and satellite communications industries.
Franchi added: "In addition, we are excited to be showcasing ESA's work through a variety of interactive features at the GSMA Pavilion and are looking forward to interacting with the attendees of MWC!"
Continue reading here.
Logo: https://mma.prnewswire.com/media/1882833/4439377/GSMA_Logo.jpg
The European Space Agency (ESA) and GSMA Foundry today announced a series of new initiatives – including up to €15 million in funding opportunities – ...
The GSMA today outlined the strong progress the mobile industry, and technology partners, are making in unlocking the full potential of 5G networks...

Source prnewswire