in Space

UK space industry welcomes investment in spaceports and commercial spaceflight

Posted 23 May 2016 · Add Comment

The Queen's Speech outlined plans for a Modern Transport Bill for the forthcoming Government's legislative programme, proposing measures that encourage investment in spaceport and commercial spaceflight, which have been warmly welcomed by the UK space industry.


Courtesy parliament.uk

The UK space sector is one of Britain’s fastest growing and most innovative sectors, impacting on many aspects of life in the 21st century. The sector is worth close to £12 billion a year to the UK economy, with an annual growth rate of 8.6%, with a productivity three times the national average.

A spaceport would allow the UK to develop low-cost means to access space and exploit the benefits of satellite enabled services and applications. Already space is an integral part of our everyday lives: every time we go to work, turn on the television, make a mobile phone call, or engage the satnav system in our car or smart phone. Increasingly satellite technology and applications is a critical enabler in many other sectors. A UK satellite launch capability would help UK to retain its leadership in a vibrant, fast-growing and vital global market.

Commenting on the Queen’s Speech Andy Green President of UKspace and co-Chair of the Space Leadership Council, said: “Reducing the cost of access to space brings tangible benefits to everyone here on earth. Today's announcement opens up even more opportunities for British business to provide reliable, ubiquitous communications, entertainment and security services to people in every part of the world. This is an exciting time for Space. The UK is continuing to show its scientists and businesses can lead the world.”
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Airbus publishes Brexit risk assessment

Airbus has today published a risk assessment outlining the urgent risks to its business arising from the UK exiting the European Union without a withdrawal agreement.

UKEF helps aerospace exporters gain £500m in overseas sales

UK Export Finance (UKEF) today published its annual report and accounts, showing government-backed finance and insurance helped UK aerospace achieve over half a billion pounds in overseas sales in 2017-18.

Stansted awarded globally recognised carbon neutral airport status

London Stansted has been awarded Level 3+ carbon neutral status by the Airports Council International (ACI), in recognition of its extensive work to reduce and offset carbon emissions at Londonís fastest growing airport.

Cranfield Uni wins NATO Excellence Award

A team from Cranfield University has won a NATO Excellence Award for a workshop delivered to assist with monitoring and controlling toxic contamination on live-fire military ranges.

Aerospace industry adaptation

Neil Cayley, Lead Consultant at Jonathan Lee Contract Recruitment, explores current issues affecting the aerospace industry and explains why adaption is vital to meet the challenges that lie ahead.

Esriís ArcGIS Online to provide info platform for Autonomous Warrior 2018

Esri UKís cloud-based mapping and analytics platform, ArcGIS Online, will provide the vital information integration and collaboration platform for Autonomous Warrior, part of the 2018 Army Warfighting Experiment (AWE) series.

RUBB_SK_1906190119
See us at
DVD18BT3105200918FIL18 BT111017220718SMIFAVSBT151118SMI GMSCBT3005081118AdvancedEngin BT1406011118