A European Space Agency (ESA) programme created in 1990 to transfer space technology to industrial and commercial sectors. In the past decade, the programme has made more than 150 successful transfers which helped create or save 2 500 jobs in Europe and create 20 new companies. In 2004, it had a portfolio of 450 space technologies available. Examples of transferred technology included special spacesuit materials being used for tracksuits, and new coatings for bearings in a rocket launcher being used on car wheels. The transfers created new businesses and saved companies millions of euros in research, development, maintenance, and operation costs.
Subjects: Astronomy and Astrophysics.