Commenting on today’s report by the Space Innovation and Growth Team, Science and Innovation Minister Lord Drayson said:
“As this report shows, the UK can continue to lead the world in the manufacture of small satellites, potentially securing ten per cent of the world’s space industry here in the UK and creating 100,000 high-skill, high-value jobs in the process.
“Our space industry is an area of real strength. The Government will be looking closely at these recommendations to assess how we can best support this extremely successful sector.”
Department for Business, Innovation & Skills
The Department for Business, Innovation and Skills (BIS) is building a dynamic and competitive UK economy by: creating the conditions for business success; promoting innovation, enterprise and science; and giving everyone the skills and opportunities to succeed. To achieve this it will foster world-class universities and promote an open global economy. BIS - Investing in our future.
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