The Space-Tech Challenge 2020 will identify and develop the most promising new innovators, entrepreneurs and early-stage businesses across Africa. The challenge is targeting downstream space-tech applications across agriculture, insurance, retail, sustainability and conservation.
The set of applications which use earth observation, the gathering of information about the physical, chemical and biological systems of the planet via remote-sensing technologies. There has been a surge in demand for these applications across a wide range of industries where they are driving cost reductions and sustainability. Space-tech has reached a point where almost every business can or does use it – often without even knowing.
The African space-tech sector is one of the fastest-growing markets in the world, but it is still significantly underexploited. This represents a massive investment opportunity. The African Union has identified earth observation as a key resource which must be leveraged in achieving Africa’s development goals. One of the best ways to grow this sector is through an open innovation challenge.
Innovation uses geospatial intelligence to serve one or more of the following industries:
Top 10 participants receive
Space in Africa produces authoritative business and market analysis reports for the different segments of the African Space and Satellite Industry. We cover the business, technology, discoveries, events and political news about the African space and satellite industry.