Space Sector Success Adds Billions to UK Economy
6 Articles
6 Articles
Richard Branson wants to launch space tourist flights from the UK, with Cornish spaceport lined up
Sir Richard Branson said he wants to establish a British spaceport in Cornwall to launch tourists into the stars as the latest part of his Virgin Galactic project.
Space Sector Success Adds Billions to UK Economy
Science secretary Peter Kyle has hailed the UK space sector‘s recent achievement as proof that the UK is a “launchpad for innovation and investment”. The field has secured £80m more in European Space Agency (ESA) contracts than government contributions in late 2024, the highest return for any ESA member state. This success is set to add over £1bn to the UK economy and create 3,800 high skilled jobs, positioning Britain as a global leader in spac…
Tech secretary hails space sector as a 'launchpad' for growth
Science secretary Peter Kyle has hailed the UK space sector‘s recent achievement as proof that the UK is a “launchpad for innovation and investment”. The field has secured £80m more in European Space Agency (ESA) contracts than government contributions in late 2024, the highest return for any ESA member state. This success is set to add over £1bn to the UK economy and create 3,800 high skilled jobs, positioning Britain as a global leader in spac…
Science Secretary hails UK space sector for securing record-breaking contracts and propelling government’s mission forward
British space sector secures European Space Agency contracts worth £80 million more than government contributions in last quarter of 2024 – a record for any member state.
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