The UK Space Agency released the latest survey into the health of the UK space sector this week, showing significant growth in revenue and job creation. Authored by London Economics, the report shows the UK space industry has reversed a small contraction in 2014/15 to grow exponentially in recent years in a timely prelude to gaining domestic launch capability.
The UK isn’t known for its space industry prowess in the wider public, and historically the nation has sat on the sidelines, almost embarrassingly so for one of the world’s largest economies and a former empire of exploration.
A recent reminder of a false start for the UK’s space ambitions was put on display just last week, as one of the numerous UK companies looking to turn the tide, Skyrora Ltd, saved the Black Arrow rocket that launched the nation’s sole orbital success – with the Prospero satellite – decades ago.
Innovation Minister @Ivan_McKee was at the unveiling of the Black Arrow rocket in Penicuik today – its final flight was the first and currently only successful orbital launch to be conducted by the UK #innovation #space @Skyrora_Ltd pic.twitter.com/4awuaS2t8Y
— ScotGovEconomy (@scotgoveconomy) January 25, 2019
Since then, the UK’s space goals ...