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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