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The Luxembourg government and Kleos Space S.a.r.l signed a Memorandum of Understanding (MoU) on Monday, setting out their cooperation for space technology development within the SpaceResources.lu initiative.
According to a statement by the Ministry of Economy, the developments and research to take place in Luxembourg are related to the project for in-space manufacturing of composite beams equipped with antennas.
The government will support the development of the in-space manufacturing technology by providing funding through the Luxembourg space programme LuxIMPULSE.
"By widening the capabilities of the national space sector, the implementation of Kleos Space in the Grand-Duchy is confirming the constant expansion and consolidation of Luxembourg as a European hub for developing highly advanced space technologies in the context of the SpaceResources.lu initiative," said Economy Minister, Étienne Schneider, on Monday.
The newly created Kleos Space company is active in geolocation services and develops a space infrastructure for geo-intelligence and signal intelligence applications with in-space manufacturing. It is is 100 per cent owned by UK-based Magna Parva Limited.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Space
The Luxembourg government and Kleos Space S.a.r.l signed a Memorandum of Understanding (MoU) on Monday, setting out their cooperation for space technology development within the SpaceResources.lu initiative.
According to a statement by the Ministry of Economy, the developments and research to take place in Luxembourg are related to the project for in-space manufacturing of composite beams equipped with antennas.
The government will support the development of the in-space manufacturing technology by providing funding through the Luxembourg space programme LuxIMPULSE.
"By widening the capabilities of the national space sector, the implementation of Kleos Space in the Grand-Duchy is confirming the constant expansion and consolidation of Luxembourg as a European hub for developing highly advanced space technologies in the context of the SpaceResources.lu initiative," said Economy Minister, Étienne Schneider, on Monday.
The newly created Kleos Space company is active in geolocation services and develops a space infrastructure for geo-intelligence and signal intelligence applications with in-space manufacturing. It is is 100 per cent owned by UK-based Magna Parva Limited.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Space