The Canary Islands is boosting its aerospace sector in Germany with the presentation of its strategy at the SPACETECH trade fair in Bremen.

 

The Canary Islands delegation, coordinated by the General Directorate of Strategic Projects, highlighted the importance of this international event, held from November 18 to 20, to showcase the region's strong commitment to economic diversification through the aerospace sector.

 

David Pérez-Dionis, Director General of Strategic Projects for the regional government, emphasized that the International Promotion Plan for the Aerospace Sector It is "fundamental to contributing to the economic diversification of the Canary Islands."

 

The EAC stands as a roadmap designed to enhance existing capabilities, emphasizing the value of its scientific, technological and research infrastructures, as well as in public universities Canary Islands. A crucial differentiating factor is the unique economic and fiscal regime of the islands, which offers a highly attractive setting for international investment.

 

The main pillars of the Strategy focus on:

 

• Public-Private Coordination: Attract companies that generate wealth, diversify the productive fabric and create high value-added employment.

• Facilitation and Support: To streamline the process of setting up new businesses and ensure their access to public funds, both state and European.

 

Under the umbrella of the pavilion of the Spanish Institute for Foreign Trade (ICEX - Spanish Institute for Foreign Trade) and with the support of ProexcaThe Canary Islands delegation included the participation of key entities from the regional ecosystem: the Gran Canaria Economic Promotion Society (SPEGC), the Canary Islands Institute of Astrophysics (IAC), the Fuerteventura Technology Park and the Canary Islands Special Zone (ZEC).

 

During the event, the Canary Islands delegation held strategic meetings with leading players in European industry, including the European Space Agency (ESA), the French Space Agency (CNES), the Luxembourg Space Agency, the Portuguese Space Agency, the German Aerospace Center (DLR), as well as with the commercial attaché of the Canadian Embassy and various companies in the sector.

 

Bremen: European Aerospace Engine

 

The choice of Bremen as the venue is strategic. The German "Space City" is an industrial powerhouse focused on advanced hardware, space robotics, and manned flight programs, and it demonstrated its financial strength and vitality through the Space Tech Expo Europe.

 

Germany, The second largest contributor to the ESA budget maintains a powerful space industry that in 2024 generated approximately €3.000 billion in revenue in the upstream manufacturing segment. Space Tech Expo Europe It is therefore consolidated as an event of great strategic relevance for Spanish companies in the space sector, reflecting the growing dynamism and competitiveness of the industry on the continent.