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Look up total spaces9/26/2023 ![]() Through cutting edge research, we will inspire the next generation and sustain the UK’s competitive edge in space science and technology. We will protect and defend UK interests in space, shape the space environment, and use space to help solve challenges at home and overseas. We will build one of the most innovative and attractive space economies in the world, and the UK will grow as a space nation. Minister of State (Minister for Science, Research and Innovation) Executive Summary ![]() This publication is all about putting the flesh on the bones of our ambition and our strategy, adding detail and deliverable policies and products, to give commercial business and investors the long-term confidence in UK space. There too we have made a good start, but with better regulatory standards, harnessing the power of the city to provide better and cheaper insurance and finance for more launches from more parts of the UK we plan to become a leading launch nation in the LEO European launch market by 2030.Īnd I want to maximise the return the UK gets from our historically huge investment in the European Space Agency - £1.84 billion for UK space sector participation in groundbreaking programs and missions– including with our three new astronauts. That, along with the broader regulatory reviews I’m setting out in this document, will also enable us to make the most of our newest capability in UK launch. We are creating an industry led Space Sustainability Standard a framework of standards for measuring and managing debris, improving satellite repair and retrieval and benchmarking genuinely sustainable supply chains developed with Lloyds of London and leading UK space insurers and investors to make the City of London a global leader in commercial space finance. The UK will lead the pack on regulatory standards, promoting competition whilst ending the wild west nature of space today. government contracts and procurement tendering, both civil and defence, are key to creating a vibrant UK market for space tech. I want the UK to seize the opportunities at hand – such as OneWeb, whose recently completed constellation is poised to deliver high-speed internet anywhere on Earth, opening major new commercial and strategic possibilities is a key UK strength. The Space Strategy sets out a number of specific tools with which we commit to help grow the global commercial UK space sector: from our significant investment in our space programme via UK Space Agency ( UKSA)/European Space Agency ( ESA), to low earth orbit ( LEO) launch from our spaceports in Cornwall and Scotland to our share in OneWeb, regulatory leadership and MoD procurements. ![]() And I see huge opportunities in this next decade. And we have a huge ambition that we set out with Ministry of Defence ( MoD) in the National Space Strategy, the first ever joint civil-defence space strategy in the UK.īut the global race for investment means we cannot rest easy, with such fierce competition, and we must now deliver that ambition through active government steps to seize the opportunities around us. We have a rare heritage in space that only a few nations can match, we have some of the most innovative and exciting companies in the world, and we have some unique strengths in our space science sector, in our manufacturing capabilities, and in the financial services provided by the city of London. Countries across the world have realised that now is the time when the future of the space economy will be decided, and they are acting and investing to stake their place in the stars. More than ever, space is competitive, space is commercial, and space is crowded. The new space race has not just begun, it is well underway.
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