Virgin’s Space Tourism Brings New Opportunities for Aerospace Firms
Richard Bransonâ€™s plans to make space tourism a commercial reality could open up a new industry for West Midland aerospace firms, according to a senior figure at Virgin Galactic.
Mr [Stephen] Attenborough said although the technology being developed to take passengers into space is American, aerospace firms all over the world could eventually tap into the opportunities it opens up.
â€œWhat weâ€™re seeing generally is that near-earth activities are increasingly going to become the preserve of the private sector rather than government agencies,â€ he said.
â€œThere is a great industry waiting to happen and the UK traditionally has been very innovative and has quite a space heritage, so it would be lovely to see some UK companies taking advantage of that.â€
The Midlands is a key player in the UKâ€™s aerospace sector, with just under a quarter of the countryâ€™s industry and 40,000 jobs based here, ranging from large global players to small supply firms.
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