In spite of significant technical and commercial successes, applications of space systems have been up to now somewhat limited by the cost of satellites and launches. The emergence of smaller and cheaper, but nevertheless high-performance satellites, is becoming a definite possibility, which could usher in a new era the use of space systems, by triggering a disruptive paradigm change in the use of space.
At the core of this forthcoming technical revolution is the so-called "nano satellite", with a mass in the range of 1 to 50 kg. The objective of NovaNano is to become a European leader for the development and use of nano satellites and one of the top-5 nano satellites manufacturer and operator in the world. To reach this goal in the 2013-2015 period, NovaNano is building a unique industrial expertise on the emerging market of nano satellites solutions.