"ESA Seeks Innovative Concepts for Lunar Economy and Communication Satellites"
The European Space Agency (ESA) has launched its Moonlight program, calling for visionary ideas to create a constellation of communication and navigation satellites around the Moon, which could unlock opportunities for lunar businesses and stimulate the lunar economy. The satellites would offer services such as communication, navigation, and data exchange, enabling entrepreneurs to develop innovative businesses for customers on the Moon and on Earth. The potential revenue opportunities from lunar activities are estimated to be €40 billion over the next decade, rising to almost €160 billion by 2040. ESA is inviting companies to submit their brightest ideas to become pioneers of the lunar economy.