Kleos Space Invests for Future Growth in the UK

LEICESTER, UK (Kleos Space PR) — Kleos Space Ltd, the UK subsidiary of Kleos Space S.A., is to set up operations at the Space Park Leicester, a world-leading hub for innovative research, enterprise and education in space and earth observation. Kleos is a ‘space-powered’ Radio Frequency Reconnaissance Data-as-a-Service (DaaS) and Mission-as-a-Service (MaaS) provider.

The new UK facility will provide access to a buoyant technology-centred community and state-of-the-art facilities for research, development, and manufacturing. The move is part of a long-term strategy for Kleos’ growth and investment to support the UK market.

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New Funding for Innovative Space Tech to Help Solve Problems on Earth

Space tech to make buildings more efficient, reduce ship carbon emissions and help preserve historical sites are among new projects receiving government funding.

SWINDON, UK (UK Space Agency PR) — Through the UK Space Agency, the government is giving a cash injection to 5 projects specifically designed to bring together UK business expertise with universities to help build space solutions to global problems, on UK soil.

One of the projects, involving the University of Southampton, will use artificial intelligence to automatically detect buried archaeological remains on satellite imagery, providing construction companies with higher accuracy at an earlier stage. This will save them time and money during the planning permission process and help them to reduce their carbon footprint.

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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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