ArianeGroup, HEC Paris, and the European Space Agency team up to explore the future of space economy

ArianeGroup joins ESA_Lab@HEC to launch an applied research initiative, “Exploring the Future of the Space Economy”, in partnership with HEC Paris and the HEC Foundation. ESA_Lab@HEC is a collaborative platform set up by the European Space Agency (ESA) and leading business school, HEC Paris, to promote research and innovation, and maximize the integration of the space sector into the economy and society. The aim is to explore scenarios for the future of the space economy over the next three decades and to anticipate new solutions for space transport vehicles.

The launch ceremony was attended by André-Hubert Roussel, CEO of ArianeGroup, JohannDietrich Wörner, ESA’s Director General, and Peter Todd, Dean of HEC Paris, a leading business school in Europe.

With this undertaking, ArianeGroup, an Airbus–Safran joint venture, intends to promote innovation and the development of new solutions for access to space, and Earth-to-orbit/returnto-Earth transport in order to continue to contribute to Europe’s competitiveness in a rapidly evolving space economy. ArianeGroup is lead contractor for the European launchers Ariane 5 and the future Ariane 6, an ESA program.

The projects will include research work with an international dimension and generate rated publications within the framework of ESA Lab@HEC Paris.

Etienne Krieger and Patrick Legland, both Affiliated Professors at HEC Paris, have been appointed co-directors of this initiative.

This collaborative venture will direct and oversee research projects focusing on value-creation in the space sector, high-potential macroeconomic models, and sector trends.