Tue. Jun 25th, 2024

TL;DR:

  • Space technology is no longer limited to space travel but is now playing a role in everyday life on Earth.
  • Satellite services are a major area of innovation, with the European Space Agency promoting the use of satellite services in various industries.
  • Businesses are benefiting from satellite technology in fields such as agriculture, mining, and transportation.
  • The use of satellite technology in mineral exploration has allowed for faster and more data-driven exploration, reducing the need for expensive and environmentally impactful drilling.
  • Ernst & Young has launched its Space Tech Initiative to help businesses understand and harness the potential of satellite data in various sectors.