Finance
Space for finance
Space-based technologies are already deeply embedded in the functioning of the financial sector. Satellite data and Earth observation are used by banks, insurers, and investment funds to assess climate risks, monitor supply chains, track agricultural yields, evaluate infrastructure exposure, and support reliable ESG reporting with objective, near real-time information. Navigation and timing systems such as Europe’s Galileo provide the precise synchronisation required for secure transactions and global financial infrastructures. In Luxembourg and across Europe, this growing reliance on space data is enabling smarter underwriting, more accurate risk modelling, and the development of new data-driven financial products.
At the intersection of a world-class financial centre and a fast-growing space ecosystem, Luxembourg is uniquely positioned to accelerate the integration of space technologies into the financial sector, supporting more transparent, resilient, and sustainable financial systems.
Other activities
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Disaster management
Space technology enables early warnings and emergency response coordination
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Navigation
Satellites provide precise positioning for maritime, air, and ground transportation
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Health
Research in microgravity advances medical breakthroughs
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Agriculture
Satellite data monitors crop health and optimises farming practices
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