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It was named after the scientist and observer [[Nicolaus Copernicus]]. Copernicus' theory of the heliocentric universe made a pioneering contribution to modern science.<ref>{{Cite web|title=About Copernicus {{!}} Copernicus|url=https://www.copernicus.eu/en/about-copernicus|access-date=2021-01-13|website=www.copernicus.eu}}</ref>
Its costs during 1998 to 2020 are estimated at €6.7 billion with around €4.3 billion spent in the period 2014 to 2020 and shared between the EU (67%) and ESA (33%) with benefits of the data to the EU economy estimated at €30 billion through 2030.<ref>{{cite web|url=http://europa.eu/rapid/press-release_MEMO-14-251_en.htm|title=ESA, Earth observation: first Copernicus satellite Sentinel 1A|publisher=European Commission|date=3 April 2014|access-date=26 April 2016}}</ref> ESA as a main partner has performed much of the design and oversees and co-funds the development of
[[File:Italy and Mediterranean ESA391025.jpg|thumb|upright=1.3|right|[[Italian Peninsula]] and the [[Mediterranean Sea]], image captured by Copernicus [[Sentinel-3A]] on 28 September 2016.]]
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