This international innovation competition serves as an accelerating instrument for space‐related entrepreneurs and startups, providing Europe with path‐breaking novelties.
From healthcare and leisure to traffic management and other rail, sea, and air transport logistics, individuals and entire industries alike can benefit from satellite navigation.
The Galileo Masters provides support for innovations at any development stage, with the ultimate aim to turn them into real business cases. Thus, the diversity offered by the Galileo Masters and its entire network are best described as “service all along the value chain”. Thereby, the Galileo Masters is not only the prestigious competition for GNSS‐related solutions but also serves as Europe‐wide and effective support mechanism for entrepreneurs and startups thanks to a highly diversified prize pool offered by many involved Galileo Masters stakeholders.