The “New Space Digital Economy Innovation Center” will implement a long-lasting regional economic development structure for space-based business and innovation, i.e. a Kvarken Space Center. The planned center’s primary objective is to support regional businesses to develop opportunities within the “new space economy” and commercialise existing space-based data. Factors have developed in the space industry that allow much less expensive processes to be implemented in space relative to the past.
To aid the region in taking a stake in these new economic activities as well as available data and services, the center will assure that an understanding of the latest technologies is available, along with the capacity to implement them. The center will share knowledge and implement demonstration projects to bring the regional businesses to the level needed to independently manage their own space business activities. The center will work closely with regional education systems and development companies and will promote the necessary themes to build and sustain a workforce capable of advancing regional participation and value-creation in new space. In doing so, we will help provide the Kvarken region with options to actively participate in the developing space-based digital economy and create new business as well as make a global impact together.
Space technology can benefit to climate change monitoring and prevention, and sustainability goals are important drivers of the Kvarken Space Center. Space-based information support public and private sectors in their climate-sensitive decisions. Satellite image data and related processing tools are essential in revealing climate variability and change in the water sector. Information can be extracted on changes in river discharge, droughts and floods. In the agricultural sector, satellite images contribute to predicting the climate-dependent variations in annual crop yield, also at the regional BA level, as well as naturally also in a global level.
Satellite-based observations can be used to assess how long-term variations in the climate may affect investment decisions for woody crops and forests. Satellite images contribute also to extracting climate-related information for the purposes of the renewable energy sector, such as forecasts of air-temperature, atmospheric transparency, wind strength, and projections of wave size and frequency.
Satellite data also contribute to building resilient cities that are able to mitigate the challenges that climate change poses to infrastructure. High-resolution maps of temperature and heat-wave frequency can be extracted from the space-based sensors in focus in this project, especially relevant this is for major urban centres. Satellite images can also contribute to providing forecasts of the distributions of pollen and algae – state of the environment. Satellite remote sensing can also help in revealing the distribution of key ocean variables and their impacts on the aquatic ecosystem, including species distribution and possible changes in fish stocks. Also
related to oceans, satellite data provide shipping companies with information about hazards using up-to-date climatologies and key climate variables such as winds, waves and sea-ice. With all this in mind, the Kvarken Space Center will have a strong potential to taking part in the fight against climate change and making the changes rapidly known – contribute towards sustainable development.
The goal of the project is to develop a long-lasting innovation center that will develop the necessary foundation to support “new space” business activities in the Kvarken region. Currently, the Kvarken region is not active in participating in space economy or space-based data utilisation despite the vast opportunities of space data especially for the energy, forestry, marine and agriculture business domains. Space-based data enable various new services and may improve existing systems – it will bring added value to solutions and new revenue streams from spurring businesses. An innovation center will change this status quo and assist the region to-begin and to-continue to participate in
business opportunities within the globally developing “new space” economy.