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Shetland Space Centre Secures Investment from Wild Ventures Limited

27 Nov 2020, 19:11 UTC
Shetland Space Centre Secures Investment from Wild Ventures Limited
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Launch from Shetland (Credit: Lockheed Martin)

HAROLDSWICK, Scotland (Shetland Space Centre PR) — The Shetland Space Centre is pleased to announce that it has secured a significant minority investment from Wild Ventures Limited.

It follows the UK Space Agency’s announcement last month that Lockheed Martin is transferring its satellite launch initiative to Unst to deliver long-term value for the industry and help establish a sustainable, commercial launch market as part of the UK’s spaceflight programme – LaunchUK.

Wild Ventures Limited is a sister company to Wildland Limited formed to facilitate direct investment into projects with potential long term economic benefits for Scotland’s rural areas.

Welcoming the investment, Frank Strang, CEO of Shetland Space Centre, said: “They have done their diligence on the space economy and got to grips with their understanding of the industry and the commercial realities of the space sector.

“The Scottish Space Leadership Council and Scottish Spaceports Alliance are united in their belief that space is a force for good and that the technologies associated with the sector can be harnessed to support initiatives that protect the environment.

“All the various facets associated with the space sector, such as sustainability, STEM, education, business start-up, research and ...

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