HOW SATELLITES BENEFIT THE UK
Total income of the the UK space industry is £13.7bn.
There is a global market for satellite data and the UK is at the forefront of providing satellite solutions to the world. UK Government and industry are committed to growing a £40 billion UK industry by 2030.
UK Growth will be achieved through a mix of space infrastructure and space-enabled services, with the aim to grow downstream revenues.
With long standing expertise in satellite manufacture and data applications, combined with an entrepreneurial outlook, the UK is well placed to take advantage of the changing landscape ahead.
The UK space industry employs
- 26% – London
- 23% – South East
- 18% – Scotland
- 33% – Rest of the UK
PREDICTED GLOBAL SATELLITE INDUSTRY
UK MANUFACTURE AND INSTRUMENTS
UK SERVICES AND APPLICATIONS
Earth Observation (EO) satellites help us to monitor and protect our environment, manage our resources, respond to global humanitarian disasters and enable sustainable development.
Communication satellites power our insatiable appetite for data on the go and can connect people in different locations anywhere on Earth.
Global Navigation Satellite Systems (GNSS) provide us with position and time. The most well-known navigation satellite is GPS (Global Positioning System).
WELCOME TO A NEW CHAPTER
The UK is writing a new, dynamic chapter in the history of space. From the pioneering days of space exploration to the dawning of commercial exploitation. The UK Space industry already employs 37,000 people, and is bringing limitless benefits to the UK. Currently, the UK has a £11.1bn share of the global space market. This figure is set to grow to £40bn by 2030. These is all achievable thanks to the UK’s long-standing expertise in satellite manufacture and data applications, combined with the entrepreneurial outlook, making the UK well placed to take advantage of the changing landscape.