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UK space launch programme receives £50 million boost

Staff Writer | November 28, 2017
A £50 million programme to enable new satellite launch services and low gravity spaceflights from UK spaceports will boost the economy and inspire the next generation of scientists and engineers.
UK Space Agency
Britain   The £50 million programme
Business Secretary Greg Clark announced the plans November) as he launched the Government’s ambitious Industrial Strategy.

This sets out a long-term vision for how Britain can build on its economic strengths, address its productivity performance, embrace technological change and support businesses and workers.

The £50 million programme, which builds on the £99 million already invested in the National Satellite Test Facility at Harwell, will help UK spaceports access a global market for launching small satellites worth £10 billion over 10 years, and offer low gravity flights to advance cutting-edge science.

The UK Space Agency is working with industry to grow the UK’s share of the global space market from 6.5% to 10% by 2030.

To achieve this, companies must be able to pursue new commercial opportunities from the UK, which offers an excellent location for space launch, with a world-leading small satellite industry, access to in-demand orbits, and reputation for regulatory excellence.