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UK to build a spaceport for space tourists

Space touristsThe UK will soon launch the world's first ever spaceport outside the United States. The goal of launching this spaceport is to send tourists into space.

The UK government says that it launch tourists into space as soon as 2018.

The plans to build this spaceport were first revealed at the Farnborough Air Show earlier this week. The air show took place in Hampshire, England. During the announcement, the UK government said that there are eight possible places that it will build this spaceport: Wales, England or six other spots located in Scotland.

Vince Cable, the business secretary, said that space is a huge business for the UK. So far, space already contributes around 11.3 billion pounds to the UK economy every single year and provides Brits with around 35,000 jobs. The UK is looking to expand that by building this spaceport.

According to the UK government, it is hoping to capture around 10 percent of the global space sector. If it can do it, it will have a huge chunk of an industry that may soon be worth more than $68 billion a year.


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