Paris, Washington D.C., Montreal, Yokohama, November 9, 2015 — Euroconsult today announced that it has entered into a strategic partnership with the World Space Risk Forum (WSRF) whereby Euroconsult will assist in the WSRF's commitment to the creation of a comprehensive platform for the global space risk community.
The alliance will primarily be focused on developing valuable insights on space risk data, analysis of industry trends, and providing a global networking platform for the space industry. Since 2010, the WSRF has hosted a series of events attended by industry-leading space risk experts, including manufacturers, operators, underwriters, space agencies and reinsurers.
The main forum event will be held in Dubai, November 2016, to coincide with other UAE-based announced space events including Abu Dhabi Global Space Congress 2016. The 2016 WSRF will develop existing and future themes and aims to attract new industry players to the space risk arena.
Identifying the wide range of space risks to be covered, Lucy Gilchrist, Head of the WSRF, commented: "We have to open our minds to all the risks that could be out there for our industry, such as economic, geopolitical, technology, legal, regulatory, environmental and societal risks, to share knowledge and greater understanding. This is why we strongly believe in working with Euroconsult going forward. They share the WSRF vision that understanding risk is key to a safer space." Gilchrist continued, "The UAE offers a dynamic and strategic focus point for global space related topics, leading the discussions for the region and helping set the agenda on a global scale."
Euroconsult CEO, Pacôme Révillon, explained their decision to support the WSRF initiative: "The space sector is currently in a unique transition period, which involves shortened innovation cycles and a larger number of public and private stakeholders around the world. These trends result in new opportunities but at the expense of new risks for space projects. With over 30 years of experience in consulting, research and executive-level events in space markets, we are excited to bring our expertise to the WSRF. Our strategic partnership will aim at broadening the range of risks addressed throughout the event and across the space community to support the success of future space initiatives."
About the World Space Risk Forum
The World Space Risk Forum is the main space risk forum in the world. Global satellite industry revenues are increasing yearly and are estimated to be in excess of $208bn for 2015. Growth in the Middle-East region, Asia and Africa is expected to hit more than 10% a year over the next 10 years. The region is a significant investor in high technology which makes it a major player in the future of space development. The space risk industry facilitates this development through the provision of insurance solutions for clients that protect their assets, revenues and liabilities to third parties. www.worldspaceriskforum.com
Euroconsult is the leading global consulting firm specializing in space markets. As a privately-owned, fully independent firm, we provide first-class strategic consulting, develop comprehensive research and organize executive-level annual summits for the industry. With 30 years of experience, Euroconsult is trusted by 600 clients in over 50 countries. Euroconsult is headquartered in France, with offices in the U.S., Canada and Japan.