Shetland Space Centre Receives Initial £2 Million Investment Boost

HAROLDSWICK, Scotland — Shetland Space Centre’s (SSC) plan to build and operate a satellite launch site has been given a major boost by a £2,050,000 [$2.65 million] investment from Leonne International, the international private equity firm.

The cash injection, which gives Leonne a 20 per cent stake in the business, will be used for future growth of the company, such as the development of the launch site and ground station in Unst.

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