The goal of Andøya Spaceport is to launch small satellites on a commercial basis from Andøya, Norway, by the end of 2020. Andøya Space Center AS (ASC) is applying to the government for expansion of their equity of up to NOK 1,300 million for establishing the launch site through their subsidiary Andøya Spaceport AS (ASP).
The development of Andøya Spaceport is considered to give the owners a satisfactory return on the investment and is also expected to provide significant local, regional and national business-related spin-off effects.
It will give the national space industry a boost and not at least: Norway will be put on the map with a very this forward-looking project.
The timing is right
The reasons why such a development in Norway has to happen now, is first and foremost due to market timing, the basis for profitable commercial operations is now present, also there is a growing market for the use of small satellites on a global basis.
The advantage of using smaller launch vehicles, are better predictability for the timing of a launch, the opportunity to be an exclusive customer including better opportunity to influence trajectories and inclinations, are all factors that are of critical importance to the business.
Private businesses are also expected to increase their presence from approx. 12% to over 60% of sales.
Market analyzes show that globally, over 40 different launch vehicles are now developing for this purpose, but that the market lacks customized launch sites. It is this type of customized launch site ASP wants to establish.
Why Andøya Spaceport?
ASP has distinct advantages for success compared to other planned and competing launch sites. The advantages are linked to the geographical location far north, which allows for a direct launch into polar orbits.
Furthermore, the ASC Group’s existing expertise and long experience with base operations for launching research rockets is a huge advantage.
Central to global development
Space activity is often referred to as the fourth industrial revolution (Industry 4.0). The ever-increasing digitization of the world requires ever larger amounts of data and enhanced communication capabilities.
The world needs better earth observation, for instance interest for activities in agriculture, forest management, sea surveillance, etc.
The world is in urgent need of better communication solutions, and it is small satellites that provide the greatest opportunity to drive global innovation and to develop new services.
The technological development in the satellite industry, with size reduction and use of low-cost commercial components, makes it possible to create small, affordable, yet efficient satellites. The production time per satellite is also reduced dramatically.
“The market for small satellites appears to be particularly expansive in the coming years.”
First in Europe
ASP wants to be the first launch site in Europe for small satellites. It is envisaged that the capital contribution of NOK 1,300 million will be paid in phases according to project development.
ASP will strengthen Norway’s position in the fourth industrial revolution (Industry 4.0) and not just establish a “spaceport”, but also help develop a space industry with an ecosystem of suppliers and technology.
For more information, please contact:
Chief executive officer (CEO)
Odd Roger Enoksen
+ 47 481 61 200