ESA Plans to Extend NAVISP Activities
Published on the 04 December 2023
ESA intends to extend the NAVISP program. The fourth phase of the program, to be dubbed NAVISP Next, will be officially proposed for approval at the next ESA the Ministerial Conference in 2025.
NAVISP Next will continue the work of bolstering the competitiveness of the European positioning, navigation and timing (PNT) industry, aiming to surpass its current 17% global market share and achieve a target range of 20-30%. The program will outline strategies to spread its influence across the entire value chain, promoting private public partnership (PPP) approaches with leading market entities. The aim will be to diversify funding sources, enabling the leveraging of funds from non-space sectors.
Read more in Inside GNSS article.