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ESA opens 4th business incubator

The European Space Agency (ESA), the German Aerospace Center (DLR), the German federal state of Bavaria and the German bank Kreissparkasse München Starnberg on 3 August opened the fourth ESA Business Incubation Centre for the transfer of aerospace technology to other sectors.

The new centre, in Oberpfaffenhofen, about 20 kilometers from Munich (Germany), will offer young companies and business startups an ideal environment for using their aerospace expertise in marketable new products.

Over the next four years, some 40 company startups are expected to be supported there.

The new centre is operated by the Anwendungszentrum GmbH Oberpfaffenhofen (AZO) in the Aerospace Technology Park Oberpfaffenhofen (ASTO).