UK Unveils “Bold” Strategy to Develop World Class Space Industry

  • National Space Strategy sets out long-term plans to strengthen the UK’s status as a world-class space nation
  • New vision will help grow UK’s multibillion-pound space industry, boost private investment and capitalise on UK strengths such as satellite manufacturing
  • Brings together UK government civil and defence space activities to protect UK interests at home and abroad

LONDON (UK Government PR) — New plans to strengthen the UK as a world class space nation by firing up its multibillion-pound space industry have been set out in a National Space Strategy  launched today.

From connecting people with their friends and family and monitoring climate to helping farmers to manage their crops, space plays a pivotal role in our daily lives, and is a vital part of the UK economy, worth over £16 billion per year.

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Science Minister Hails ‘Incredible Strength’ of UK Space Industry

Chris Skidmore
  • New funding for UK business ideas to fly to the International Space Station
  • UK Space Agency to support one million STEM interactions with young people.
  • £20 million from government’s  Strategic Priorities Fund to upgrade UK capabilities in space weather modelling and measurement and £1.3 million for horizontal spaceport plans in England, Scotland and Wales.

NEWPORT, Wales (UK Government PR) — A new package of space funding was unveiled by Science Minister Chris Skidmore at the UK Space Conference in Newport today (Tuesday 24 September).

The government is committed to developing the UK’s national space capabilities while stepping up international collaborations, including through the European Space Agency.

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Investment Minister Reinforces Support for Trade in Space Sector

Graham Stuart (Credit: Chris McAndrew)
  • Minister for Investment delivers a keynote speech at UK Space Conference in Newport
  • DIT announces support for £100m investment in Leicester Space Park that will create more than 2,500 jobs by 2020
  • Australian-UK Space Bridge to unlock growth and increase innovation in both countries

NEWPORT, Wales (UK Government PR) — On Tuesday, 24 September, the Department for International Trade’s (DIT) Minister for Investment, Graham Stuart, delivered a keynote speech at the UK Space Conference 2019 in Newport, Wales to reinforce the government’s commitment to boosting investment and exports in the UK space sector.

UK space exports are set to grow to £25bn in the next decade, meeting the industry and government target for space exports to make up 60% of the sector’s revenue by 2030.

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