UK Space Agency launches in Swindon with Minister of Outer Space, Lord Mandelson
The new UK Space Agency (UKSA) will manage all the Governmentâ€™s activities in civilian spaceflight, with the goal of transforming the sector into an economic powerhouse worth Â£40 billion a year by 2030.
The British version of Nasa aims to end fragmented responsibility for space policy, which is split between several Whitehall departments and science funding agencies, and develop a coherent strategy.
Many scientists and space industry leaders have blamed this patchwork structure for holding up the sectorâ€™s growth, while creating a false impression that Britain is a second-rate player in space.
Lord Mandelson, who said he was speaking in his capacity as â€œSecretary of State for Outer Spaceâ€ or â€œSpace Mandyâ€, said the new body would be a focal point for an industry that already contributes Â£6 billion to the economy and supports 68,000 jobs.
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