Each krone invested in the Norwegian space industry yields a return of almost 5 kroner, shows a report from the Norwegian Space Centre.

The report, Norsk industri og ESA-deltakelse 1985-2012, includes 28 companies and institutes and analyzes the effect of investments in the Norwegian space industry from the European Space Agency ESA's projects via support money or contracts won.

The results show that each krone the Norwegian space companies received yielded 4,8 krone in return, a revenue of 480 percent.

Read the full story on Norwegian Space Centre website: web.spacecentre.no
Photo: Heidi Widero/Innovation Norway