UK Space Agency details plans for leadership in new space age

UK Space Agency details plans for leadership in new space age

The UK Space Agency has published its accounts for the year ending 31 March 2019, and has detailed its plan for 2019-20, highlighting an ambition to support the UK to be a leader in the new space age. As a world leader in key space domains, the Agency says it is well placed to take […]

Posted in: Members
Space electronics market set to see CAGR of 5.22% to 2024

Space electronics market set to see CAGR of 5.22% to 2024

Analysis of the global space electronics industry highlights that the market generated $1.27 billion in 2018 and is expected to grow at a CAGR of 5.22% during 2019-2024. North America dominated the global space electronics market in 2018, whereas, Asia-Pacific is expected to have the highest growth rate during the forecast period 2019-2024. These are […]

Posted in: News
Commercialisation of LEO needs destinations beyond just the ISS

Commercialisation of LEO needs destinations beyond just the ISS

Commercialisation of low Earth orbit will require new models for public-private partnership, and it will be built on a technology infrastructure that will include the likes of robotics and machine learning. But commercial success will hinge on an infrastructure that “buys down the risk” for commercial partners and investors. And it will depend on having […]

Posted in: Members
OneWeb takes sustainability into orbit

OneWeb takes sustainability into orbit

OneWeb reaffirmed its focus on responsible space practices with three commitments at the Summit for Space Sustainability, and called on the wider industry to do the same. The commitments are born from OneWeb’s firm belief that the entire space industry bears a shared responsibility for ensuring the potential of the new frontier in mobility, communication […]

Posted in: News
Leaving the EU is foremost in UK space companies’ concerns

Leaving the EU is foremost in UK space companies’ concerns

Brexit dominates companies’ concerns for the coming quarter, with space sector businesses lamenting the loss of access to the EU just as those nations are increasing their investment in space. These are among the findings of the inaugural Space Industry Barometer survey. Asked how confident they were that their company will see growth in the […]

Posted in: Members
Underwriters stay calm, while liability grows as a concern

Underwriters stay calm, while liability grows as a concern

The Seradata Space Conference in June examined space risks, business and insurance. To summarise, underwriters were staying calm despite last year’s loss, while in-orbit tracking and liability have emerged as new industry concerns. Following a slightly doom-laden intro-duction about the prospects for space insurance by chairman Pascal Lecointe of Hiscox, the conference kicked off with […]

Posted in: News
Galileo outage builds case for UK GNSS

Galileo outage builds case for UK GNSS

The bodies tasked with assessing the potential for sovereign UK GNSS system can’t fail to have noted the technical issues that hit Galileo over the weekend, with an incident relating to its ground infrastructure interrupting navigation and timing services. At the time of writing, service had not yet been restored and the European Global Navigation […]

Posted in: News
Launch of balloon marks the beginning of a new space era

Launch of balloon marks the beginning of a new space era

July 13 saw the launch from Shetland Space Centre of a stratospheric balloon as a test of a system that will eventually deliver small satellites into orbit. Developed by Bristol-based B2Space, the balloon was a scaled down version of its ‘Rockoon’,  carrying complete sets of instruments, trackers and control boards up to a height of […]

Posted in: News
Virgin Galactic to go public following merger

Virgin Galactic to go public following merger

Virgin Galactic is preparing to go public following a merger with Social Capital Hedosophia (SCH). The boards of both companies have approved a definitive agreement under which they will merge, with SCH shareholders gaining approximately 49% of the combined company. Upon the closing the transaction, which is expected in the second half of 2019, Virgin […]

Posted in: News
Innovation loans offer a share of £10m funding

Innovation loans offer a share of £10m funding

Micro, small or medium sized enterprises can apply for a share of £10m in funding for highly innovative, late stage projects with game-changing ideas and concepts. Loans of between £100,000 and £1 million are available per project. Projects should develop new products and services, or highly innovative uses of existing ones, that are significantly advanced […]

Posted in: News