Support from satellite services grows to 18% of UK GDP

Support from satellite services grows to 18% of UK GDP

New research released by the UK Space Agency underscores the country’s growing reliance on satellite technologies, which supported industries accounting for about 18% of national GDP. The post Support from satellite services grows to 18% of UK GDP appeared first on SpaceNews.

The Growth of the Private-Sector Space Industry

The Growth of the Private-Sector Space Industry looking beyond the immediate horizon and explore the economic frontier of space. In the last decade or so, the space industry has evolved into a more privatised one. Government still plays a big role in financing contracts, but increasingly, its job is to foster a market where competition [...]

UK space sector receives new funding boost and projects

Manchester is currently hosting the UK Space Conference 2025, and the discussion highlights how the £454 billion industry continues to grow The UK’s space industry continues to grow rapidly, with new projects and funding announcements made at the UK Space Conference 2025. As global demand for space-based technologies increases, the UK is positioning itself at the forefront of satellite communications, in-orbit servicing, and climate science. Spa…

Support from satellite services grows to 18% of UK GDP - Los Angeles Weekly Times

TAMPA, Fla. — New research released by the UK Space Agency underscores the country’s growing reliance on satellite technologies, which supported industries accounting for about 18% of national gross domestic product (GDP) based on the most recent data. To continue reading this article: Register now and get3 free articles every month. You’ll also receive our weekly SpaceNews This Week newsletter every Friday. Opt-out at any time. Sign in to an …

Space's influence on economy and security grows, as new projects announced in Manchester

From supercharged 5G systems to a funding boost for local space clusters, new projects have been announced today (Wednesday 16 July) by the UK Space Agency, as figures show growing dependence on satellite technologies. As set out recently in the government's Industrial Strategy, demand for space-based and space-enabled capabilities is growing fast globally.

Space’s influence on economy and security grows, as new projects announced in Manchester

From supercharged 5G systems to a funding boost for local space clusters, new projects have been announced today (Wednesday 16 July) by the UK Space Agency, as figures show growing dependence on satellite technologies.