elan musk of tesla wants to outdo nasa with his space x. company, and fly people to know not to move, but mars space technology and space flight are essential to modern life as electricity from the grid we couldn't do without them and their key to new and future technologies spoke in the european union, 10 percent of economic activity already depends on satellite navigation. the e.u. launched its copernicus program in 2014, that satellites observe the earth from orbit. it's a publicly funded venture. the data, the satellite sent home would enable the development of new applications. for example, software to enhance the fuel efficiency of ships. new jobs will be created. satellite data can be used to make marketable products. remote sensing solutions is a company based in munich that specializes in environmental monitoring. it's not exactly a high margin industry. copernicus has boosted revenues here, as its data are freely available to all. the company uses them to create valuable information. in the data are free or cheap, the entire proce