Space is a dynamically developing and growing market whose importance for the national and international economic life continues to increase. It holds opportunities and challenges at the same time.
“Terrestrial economic life” is becoming more complex and technology is significantly proceeding. Outer space solutions are indispensable for maintaining a terrestrial overview. There has therefore been a paradigm shift and space sector has become an integral part of our everyday lives. It is impossible to imagine business, science, politics and society without satellites: satellite-based (and therefore secure) communication, the Internet of Things, navigation systems (e.g. Galileo), climate (change) monitoring (GMES) and natural disaster management, environmental protection, weather forecasting, smart farming, logistics, Industry 4.0, infrastructure monitoring and autonomous driving. Without satellites, our modern world would come to a standstill.
Space, especially its accessibility and exploration, is no longer reserved for states or gorvernment institutions. Rather, more and more private sector companies are pushing their business models into outer space to support space agencies in their projects or even undertake completely independent projects. These are not only the global players in the industry, but increasingly also small and medium-sized companies, which arise not least from an extremely fast-growing start-up scene (New Space). This creates competition and innovation. The barriers to entry into space are increasingly falling and numerous companies have group companies and joint venture holdings in the space sector.
To ensure that our clients are successful in the space sector, we take care of the legal issues. We are happy to assist in the areas of corporate, labour, export control, data protection, public procurement and regulatory law as well as in the areas of intellectual property and dispute resolution.
