The report also outlines the current state of play regarding available public and private funding and identifies needs and funding gaps for GNSS companies and startups in the European Union.
The report finds that Europe still holds a strong position in the global landscape of downstream GNSS solutions — products and services linked to navigation satellites. However, up to €42 billion in public and private investment will be needed over the next ten years if Europe is to stay competitive and remain in a position where we can rely on domestic suppliers.