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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UK Announces £2 Million for Earth Observation Technologies

UK_space_agencySWINDON, UK (UKSA PR) — The UK Space Agency has today unveiled new support to help the UK space and satellite technology sector maintain their leading position in earth observation and help tackle global issues such as deforestation and disaster monitoring. This support includes a new £2m joint programme for UK companies and academia to develop innovative technologies to observe Earth from space. A new online portal will also provide businesses and academics with access to real-time high quality satellite data to help them monitor changes in our planet.

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