Our Blogs

The UK is the second largest player in space engineering, after the USA. A leader in a range of technologies, including communications/weather satellites, planet vehicles and nuclear space batteries, the sector currently employs over 30,000 people directly and delivers annual revenues in excess of £10 billion for the UK economy.

The space industry is truly global: many projects are multinational in the planning development, launch and operation and new countries are continuously entering the market.

The UK, Europe and the USA are forecasting huge growth in the space sector between now and 2030 as governments and the private sector seek to harness the strategic and commercial opportunities on offer. Significant investment is also forecast from many other developed and emerging countries, with China at the forefront.