The sky is not the limit
The space ambitions of the Grand Duchy of Luxembourg started in the mid-1980's with the creation of SES, Europe's first private satellite operator. This was the impulse leading to the development of dynamic business ecosystem in the space sector, mainly in satellite telecommunications but also in other areas such as environment monitoring, Earth observation, space-situation awareness and space-related technologies.
Luxembourg's decision to join the European Space Agency (ESA) as a full member in 2005 highlighted the Government's commitment to encouraging innovation and technological progress. It also put forward the country as a hub for innovative projects in advanced technologies.
On 13 July 2017, the Luxembourg Parliament adopted a draft law on the exploration and use of space resources. The Grand Duchy has thus become the first European country with a legal framework for private operators and their rights when extracting raw resources in space.
This fundamental milestone marks the beginning of a new space future for companies operating from Luxembourg, building on the country’s solid track record in this field for over 30 years.
We're at the core of the industry and our expertise draws on years of services and advice provided to key players in this field. We've also developed thorough expertise on public-private partnerships (PPP), financing structuration and the link with research, development and innovation (RD&I) operators.
We rely on our global network whose expertise covers the entire space sector (communication, Earth observation, navigation, launchers and space flight) and spans the value chain, from upstream to downstream.
So, we have the right set of skills to support businesses interested in space-related activities with a wide range of services: regulatory, compliance, operations, corporate finance, investment management services, tax, corporate setup, etc.
Partner, PwC Luxembourg
Tel: +352 49 48 48 2156
Partner, Industry & Public Sector, PwC Luxembourg
Tel: + 352 49 48 48 2199