Poland Positioned to Benefit from European GNSS
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Given the large number of high-tech professionals and a generally untapped industrial sector, Poland is an attractive market for European GNSS. The GSA-supported POSITION (Polish Support to Innovation and Technology IncubatiON) initiative aims to increase E-GNSS market penetration and general awareness within the country.
The Horizon 2020 funded project is a collaboration between Black Pearls Investment (BPI), a Poland-based capital fund experienced in the technology sector, and SpaceTec Partners, a consultancy with offices in Brussels and Munich. The project specifically focuses on start-ups and early stage investment opportunities for companies in Poland looking to utilise E-GNSS technology.
Also read: Horizon 2020 promotes user services across all market segments
According to project research, the Polish market is best characterised as having huge potential but little penetration: “Currently, the penetration of E-GNSS in the country is very low, and most investors and companies are relatively unaware of the potential presented by E-GNSS applications,” says Krzysztof Kanawka, the coordinator of POSITION. “More so, start-ups and SMEs are unable to access capital within Poland, which limits expansion and thus their ability to implement new technology, including European GNSS.”
With the recent launch of two new Galileo satellites, more and more European – including Polish – start-ups and SMEs will soon have more opportunities to implement E-GNSS technology. Speaking at the launch, European Commission for Internal Market, Industry, Entrepreneurship and SMEs Elżbieta Bieńkowska said: "Today we demonstrated again that Europe has state-of-the-art know-how, cutting edge technology, and the vision and determination to accomplish great things… (and) Galileo will soon provide you with great opportunities."
With a concentration of start-ups and SMEs in Poland, POSITION will start by providing networking opportunities for entrepreneurs and investors. The goal is to use the model and implementation of GNSS technology that has been successfully used across Europe, thus focusing on such specific sectors as Location Based Services (LBS), Road, Agriculture and Maritime.
Also read: Looking for Information on European GNSS R&D?
Project organisers further note that Poland has a proud history of technological advancement, with a large number of students enrolled in technical and scientific programmes – all potential customers of E-GNSS technology.
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