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What can we learn? I was reminded of the two acquisitions last summer where Urthcast bought Deimos Imaging and PlanetLabs bought Blackbridge/Rapideye. Europe is good at research and innovation and even early development but is less good at exploiting the results. It seems that European owners sell out early rather than running their winners to achieve bigger gains later. CartoDB is another example where this happened along with a well-known example, Skype. Developed in Europe; Commercialised in the US.

Our goal at EARSC is to help develop the industry. 2016 promises to be a significant year when maybe we can start to see some of the potential being realised.