HPS Joins Net Zero Space Initiative to Drive Sustainable Space-Tech Innovation

June 2023

HPS Joins Net Zero Space Initiative to Drive Sustainable Space-Tech Innovation

[Munich-Bucharest-Paris, June 12th, 2023] – HPS GmbH, a leading technology company specializing in cutting-edge solutions, is pleased to announce its membership in the Net Zero Space Initiative, an ambitious global movement dedicated to supporting sustainable practices and innovations in space.

The Net Zero Space Initiative brings together industry leaders, organizations, and experts from various sectors to collaborate on finding concrete solutions to combat space debris, thus preserving not only the economic and scientific benefits of outer space, but also its strategic potential in addressing urgent challenges such as climate change. By joining this esteemed network, HPS reaffirms its commitment to environmental stewardship and especially to a sustainable development of space infrastructures.

As a member of the Zero Space Initiative, HPS GmbH will actively contribute to the collective efforts aimed at developing sustainable technologies and practices across its operations. The company will leverage its expertise and its political as well as its industrial network to drive transformative change.

HPS drives advanced technology solutions like the world market leading deployable deorbit sail “ADEO” which enables quick decay of satellites until re-entry, reducing the risk of in-orbit collisions. By joining the Net Zero Space Initiative, the company aims to accelerate these efforts, collaborating with like-minded partners and leveraging collective knowledge to drive greater impact.
„We feel that as a part of the Net Zero Space Initiative we are with the right people,“ said Dr. Ernst K. Pfeiffer, CEO of HPS. „At HPS, we believe that sustainability is both, a responsibility and an opportunity for innovation.
By collaborating with the Net Zero Space Initiative, we can amplify our efforts in developing and implementing sustainable solutions, contributing to a “greener” future in space and for our planet.“

As an advocate for sustainability, HPS GmbH Germany, as well as its affiliate HPS S.R.L. Romania, remain committed to driving positive change through its products, services, and operations. The company’s membership in the Net Zero Space Initiative represents a significant milestone in its sustainability journey.