ESA’s director of telecommunications and integrated applications, Magali Vaissiere, joined 16 European satellite industry leaders at the Paris Air Show June 21 to sign a joint statement on collaborating on the Satellite for 5G initiative. 5G networks will offer extremely low latencies and high capacity, enabling widespread deployment of Internet of Things technologies including autonomous cars, connected factories and smart infrastructure.
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The U.K. government has committed to capturing 10 percent of the global space market by 2030 and is pouring support into emerging enterprises including spaceports, small satellite makers and application developers. However, the continuing uncertainty around Brexit concerns companies.