Importance for Slovakia

The space industry is one of Slovakia’s key emerging sectors, closely linked to established fields like automotive, engineering, electronics and IT. Its reliance on technical skills, innovation and know‑how makes it a natural catalyst for diversifying the Slovak economy and driving growth.

Globally, the space economy reached approximately $570 billion in 2023, growing at 7.4%. It’s projected to nearly double by 2033, and may hit $1.8 trillion by 2035. By positioning STEPHANIK within this expanding global market, Slovakia can amplify its industrial strengths and capture significant long‑term value.

STEPHANIK brings together 15 entities and its uniqueness lies in:

• Over 500 R&D‑relevant projects already delivered.
• A balance of experience and knowledge.
• Strong interdisciplinary expertise across engineering, software, electronics and more.
• Synergy between academia and private sector for real‑world innovation.
• A powerful catalyst for spillover effects, multiplying benefits into related industries.

STEPHANIK has over 200 experts from academia and private industry, creating a powerful platform of knowledge and execution.

STEPHANIK is positioning Slovakia as a competitive force in space innovation through expert knowledge and strong international partnerships.

Every €1 invested in space can generate up to €4 for the economy.