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ARTICLE · 03 MARCH 2023

UK Space Agency Announces Funding For Lunar Technologies

Marks & Clerk
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The United Kingdom has a history of strong performance in space exploration - after all, it was the United Kingdom that was the third power to operate a satellite in space (after the United States and the Soviet Union).

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The United Kingdom has a history of strong performance in space exploration - after all, it was the United Kingdom that was the third power to operate a satellite in space (after the United States and the Soviet Union). The UK continues to demonstrate significant contributions to space technologies in collaboration not only with NASA, but also with European states (as a member of the European Space Agency). This success is maintained well into the 21st century and the New Space economy; in 2021 the UK space economy employed 47,000 people, and had an income of £16.5billion.

It is fantastic to hear that, to build on this success, the UK Space Agency has announced a generous package to fund UK companies in technologies to aid in humanity's effort to return to the Moon. The £50 million package is part of the European Space Agency's Moonlight programme, which aims to place a constellation of satellites into orbit around the Moon.

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