THE Philippines may not have a robust space industry yet, but the Philippine Space Agency (PhilSA) will continue to help boost the capabilities of the country’s local industries by sharing its data and knowledge resources. PhilSA director general Joel Joseph S. Marciano Jr. told the BusinessMirror that “space-adjacent companies,” specifically…
PhilSA Director General Joel Joseph S. Marciano Jr. speaks at the news conference during the launching program of the first Philippine Space Week celebration in Quezon City. He is joined by DOST-ASTI’s Alvin E. Retamar, LBP SVP Elcid C. Pangilinan, DBM Undersecretary Maria Francesca M. del Rosario, MinDA Secretary Maria Belen S. Acosta, DA-BFAR Assistant Director Isidro Velayo Jr., PhilSA Deputy DG Gay Jane P. Perez and PhilSA Director Ariel C. Blanco.
According to Marciano, PhilSA can help companies open new markets for their products if they have components that “can be used with more robustness to work in space.” While the Philippines is ready to monetize its space data, Marciano emphasized the need to open up these data first to build capacity, and part of this “heavy lifting” is appreciation for these capabilities and make them more accessible.MORE than monetization, Marciano explained to BusinessMirror PhilSA’s role in actively contributing to international cooperation and goodwill through the use of its satellites.
In his opening message at the event, Marciano explained that the declaration “recognizes the vital role that space science, technology and its applications play in the lives of Filipinos.” “Without the end-users or without the utilization,” he explained, “socio-economic benefit from space science technology and applications cannot possibly be had.”DURING the event, PhilSA signed agreements with five government institutions to deepen space data acquisition and the use of space science and technology applications for value creation.
DOST-ASTI Chief Science Research Specialist Alvin Retamar and LBP Senior Vice President Elcid Pangilinan signed the agreement for S&T research collaboration on the use of space data and analytics for financial applications.
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