Space offers new opportunities
Finnish space expertise comprises cutting-edge space and atmospheric research, and competence in electronics and software used in space components. Finnish companies and research organisations have participated in the design and preparation process for dozens of satellites, both in European Space Agency (ESA) projects and with international partners.
The four key areas of Finnish space activities are:
- scientific research into space and the Earth;
- satellite remote sensing;
- satellite positioning; and
- space industry.
New Space, or the transformation of the space sector, attracts new players in many countries, including Finland. ‘New Space’ refers to space activities carried out by operators that are new to the sector and typically commercially oriented and independent of the State. Small satellites and private launch services enable easier access into space, and with lower costs. In November 2023, there are already 23 Finnish satellites in orbit: 3 university satellites (Aalto) and 20 commercial satellites (Iceye, Reaktor Space Lab and Aurora Propulsion Technologies).
The Finnish Space Committee steers the implementation of space strategy
The Finnish Space Committee operates as an advisory board under the Ministry of Economic Affairs and Employment.
The objective of the space strategy is to make Finland the world's most attractive and agile space business environment that benefits all companies operating here, by 2025.
International cooperation is central to space policy
The European Space Agency (ESA), the European Union (EU) and the United Nations Committee on Peaceful Uses of outer Space (UN COPUOS) are the key actors in international space cooperation.
Space activities are subject to authorisation
Provisions on space activities are laid down in the Act on Space Activities (63/2018) and the Decree of the Ministry of Economic Affairs and Employment 74/2018) enacted by virtue of the Act.
Space activities may be carried on only subject to prior authorisation by the Ministry of Economic Affairs and Employment.
Satellites and other space objects launched into outer space are registered in the registry of space objects maintained by the Ministry of Economic Affairs and Employment.