Luxembourg, NorthStar Work on Clean Space Initiative
The government of Luxembourg and Canadian technology company NorthStar Earth and Space are a launching a “Clean Space” initiative to foster sustainability in space. The Clean Space initiative would evaluate the use of NorthStar Earth and Space Information services with the support of Luxembourg’s insurance, financial, and satellite operator communities to address some key issues related to space traffic management, sustainable commercialization of space activities, insurance products for space operations to promote growth in commercial space activities, and satellite operational challenges.
Stewart Bain, CEO of NorthStar Earth and Space said that “NorthStar and its international partners are pleased to collaborate with Luxembourg to enable the sustainability of our environment in space with the global Clean Space initiative. Luxembourg is uniquely positioned to provide value-added services within the insurance and financial industry and home to many satellite companies who will benefit from this project.”
Deputy Prime Minister and Minister of the Economy of Luxembourg Étienne Schneider stated that “the proposed cooperation with NorthStar is in line with Luxembourg’s efforts in developing high-fidelity space situational awareness to protect the space environment beyond our planet and in promoting earth observation to better understand the complexity of our planet and monitor its health. Both fit perfectly into our national data-based innovation strategy that aims at building a sustainable and reliable digital economy.”