Advancing Sustainable Economic Growth through Space Economy (SPACECONOMY)

Acronym

SPACECONOMY

Description of the granted funding

The SPACECONOMY project positions Finland as a forerunner in the fast-growing global space economy. The project addresses fragmentation in Finland's space ecosystem by fostering innovation, sustainability, and collaboration across sectors. It brings together leading experts from academia, industry, and public institutions to drive economic reform, boost productivity, and improve societal welfare. Research focuses on AI-powered satellite data applications, sustainable business models, international partnerships, and responsible regulation. The project also strengthens education and public engagement to secure long-term talent and trust in space-based technologies. Through strategic collaboration and real-world solutions, SPACECONOMY supports Finland's global competitiveness, addresses challenges like climate change and regional disparities, and contributes to sustainable growth and resilience in an era of digital and green transition.
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Starting year

2025

End year

2028

Granted funding

Heidi Kuusniemi Orcid -palvelun logo
290 468 €








Role in consortium of the Academy of Finland

Leader

Other consortium parties

Partner
University of Turku (372445)
435 702 €
Partner
University of Vaasa (372443)
387 290 €
Partner
University of Helsinki (372444)
387 187 €
Partner
National Land Survey of Finland (372446)
385 252 €
Partner
Aalto University (372447)
387 290 €
Partner
Finnish Meteorological Institute (372448)
484 078 €
Partner
(372681)
145 197 €

Funder

Research Council of Finland

Funding instrument

Strategic Research Funding

Decision maker

Strategic Research Council
08.09.2025

Other information

Funding decision number

372442

Fields of science

Business and management

Research fields

Liiketaloustiede

Themes

Talous ja hyvinvointi strategisen kilpailun aikakaudella

Identified topics

product, ecosystem, circular economy