FARNSBOROUGH, England (UKSA PR) — The ‘Civil Space Strategy’ setting out the direction for the UK space sector over the next four years was published Tuesday 10th July at the Farnborough International Airshow. The Strategy sets out the UK Space Agency’s framework supporting the growth of the sector over the next four years.
The Civil Space Stratey [sic] was formally unveiled to the international space community gathered for Space Day at Farnborough. The Minister for Universities and Science, David Willetts discussed the Strategy in his speech to the Space Conference as well as revealing the latest results of the Size and Health of the UK Space Sector.
David Willetts commented:
“The UK space sector has shown remarkable resilience in a difficult time. It is important to renew our intentions to create new opportunities for the industry to sustain this growth in the long term. Central to this is targeting investment in key technologies and innovative ideas to better capture and exploit the opportunities of the expanding space market.”
With growth rates of 7.5% over the 2010/2011 period the Strategy lays out how the UK Space Agency will work with partners both at home and abroad to build capabilities in the years to come. The strategy focuses on driving space to generate economic growth in downstream services derived from space, whilst maintaining excellence in science and the ability to build and operate satellites.
The Minister was was joined on stage by The Italian Minister for Education, Universities and Research, Francesco Profumo, The heads of the Italian and Russian Space Agencies, Enrico Saggese and Vladimir Popovkin, and Andy Green Co-Chair of the UK Space Leadership Council. Dr David William, CEO of the UK Space Agency welcomed the speakers to the stage to discuss th future of space and international co-operation.
The document, which is published every four years, has been updated to reflect the last two years of achievements since the UK Space Agency was established as an executive body, holding its own budget. It formalises the work already begun, for example through the National Space Technology Programme which targets investment towards innovation with a commercial goal. The Agency will also continue to pursuing new knowledge through UK’s science programme.
This strategy sets the approach the Agency will take in order to meet the ambitious targets for capture 10% of the global space market by 2030.