12 ° C
Sunny Intervals
Breaking News

108 Covid cases + 1 death 24 Jan, 55 hospitalised - 37 res, 2 in ICU - 1 res, 396 home monitored, 7,088 recoveries, 45 deaths, 2,157 incidence rate, 70% vaccinated

New Space Affairs Office shooting for the stars

New Space Affairs Office shooting for the stars

By Stephanie Horsman - October 13, 2021

Monaco is now home to a new Space Affairs Office, created as a single point of contact for all things space related. It is also a hub for companies in the industry looking to base themselves in the Principality.

After extensive talks with players in the industry, the government of Monaco has created the Space Affairs Office (Le Bureau des Affaires Spatiales) to help facilitate the business development of those whose activities include manufacturing telecommunications and earth observation equipment, and ‘astromobiles’, or rover, gear.

The office is intended to be a one-stop-shop for space undertakings, reporting to the Interministerial Delegation for the Digital Transition. This opening is a milestone event for the country, paving the way for the development of space-focused businesses that wish to use the Principality as a home base under a simple administrative framework.

At an international level, the Office of Space Affairs will ensure the Principality is represented with foreign counterparts, thus promoting partnership opportunities for the benefit of the participating specialised Monegasque companies. This will be undertaken in conjunction with the Department of External Relations and Cooperation.

“The development of the space sector in the Principality of Monaco reinforces the attractiveness of our Sovereign State in a new area,” said Frédéric Genta, Interministerial Delegate in Charge of Digital Transition. “With the creation of this entity, we will be called upon to participate in discussions on the subject alongside global and emerging space powers.”

Private aerospace, once the sole domain of public institutions, is increasingly going private. This booming industry is creating a world where there is a better understanding of climatic occurrences and Earth observation as well as closing the digital divide giving once remote places access to internet and WiFi.

The Space Affairs Office is expected to hold a meeting of the stakeholders in mid-October to define an action plan that meets their expectations.

For more information on the office, contact them directly at


Sign up to our newsletter
Previous articleUnderstanding Monaco’s land reclamation efforts
Next articleInterview: MYS General Director Gaëlle Tallarida


January 21, 2022 | Business & Finance

Marc Vassallo stepping in as new Secretary General

Stephanie Horsman

The position of Secretary General in the Prince’s government, left open by the retirement of Robert Colle, is being filled by the current Deputy Secretary General, Marc Vassallo.

January 20, 2022 | Business & Finance

National Council looks to a positive 2022

Luke Entwistle

During his annual address to the press, National Council President Stéphane Valeri was optimistic for 2022, saying "there are reasons to hope that we can get back to a quasi-normal life.”

January 20, 2022 | Business & Finance

Government reactivates financial support measures

Cassandra Tanti

Businesses that are suffering an economic loss under the fifth wave of the pandemic will once again receive assistance from the government.

January 18, 2022 | Business & Finance

This is the Prince’s new equal Cabinet

Cassandra Tanti

Prince Albert has chaired the first meeting of his new Cabinet headed by Laurent Anselmi at the Prince's Palace, unprecedentedly made up of half women, half men.