Weekly newsletter

Hungary and Finland Sign Memorandum on Space Industry Cooperation

MTI-Hungary Today 2021.09.15.

Ministers of Hungary and Finland have signed a space industry deal under which companies and universities of the two countries will have the chance to tighten cooperation, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said in Helsinki on Tuesday.

Szijjártó signed a memorandum of understanding with Finnish Economy and Labour Minister Ilona Lundstrom concerning space research and astronautic activities.

The Hungarian minister said that “while an agreement like this could have passed for a joke just a few years ago to the superficial observer, by now utilization of space in modern technologies has in fact become general practice”.

Under the agreement, companies and universities will have the basis for creating closer ties in the areas of space research, Earth surveillance, as well as developing navigation technology for vehicles, Szijjártó said, adding that the results could contribute to efforts aimed at restarting the Hungarian economy.

“A National Space Agency is the Future,” Says Hungary’s Space Research Commissioner
“A National Space Agency is the Future,” Says Hungary’s Space Research Commissioner

Another astronaut, more private investment, and a national space agency could all be in the cards for Hungarian space research.Continue reading

Featured photo via Péter Szijjártó’s Facebook page