UK space innovation programme launches with fund for climate change and communications projects
New National Space Innovation Programme to provide £15 million to
support pioneering ideas in UK space sector. The first projects to
be funded will use space technology to tackle global issues such as
climate change or increase connectivity £5 million of the funding
is set aside exclusively for international space projects, to
strengthen the UK’s...Request free
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New National Space Innovation Programme to provide £15
million to support pioneering ideas in UK space
sector.
A new National Space Innovation Programme has launched, with an initial £15 million funding for projects related to Earth observation, communications and international partnerships. This is a first step towards helping the UK compete more effectively on the world stage with other countries which have dedicated national funding for space on top of their commitments to the European Space Agency (ESA). The UK has previously supported national space innovations on a case-by-case basis, such as funding for UK spaceports and launch operators. The new innovation programme will ensure a more coordinated approach to national funding, supporting the development of a comprehensive UK space strategy, as part of a Government commitment to increasing the UK’s space ambitions. The UK space sector is a huge economic success story, growing by over 60% since 2010. The industry already supports £300 billion of UK economic activity through the use of satellite services, and employs more than 40,000 people. This is expected to grow further, with the space sector estimating there could be a £60 billion market in the future in new Earth observation and communication technologies. The UK Space Agency is inviting proposals for high-risk, high-reward projects to develop new technologies, products or services with the potential to grow the UK space sector, create high-skilled jobs and tackle global issues. The first £10 million of this funding will support projects focusing on either:
The remaining £5 million of this initial funding has been set aside for investing in international projects, which in turn will support closer working relationships with key space faring nations such as the US, Australia and Japan. Stronger international relationships and the ability to fund new projects, will also help boost UK space exports, which are already worth £5.5 billion each year, in areas such as satellite platforms, sensing systems and advanced software. Science Minister Amanda Solloway said:
UK Businesses, universities and research organisations can bid for funding to match their own investment in projects that will help the space sector create new high-skilled jobs, while developing new capabilities and technologies. Each project will be able to bid for a grant between £200,000 and £2 million, out of the £15 million funding. Dr Graham Turnock Chief Executive of the UK Space Agency said:
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