Satellite & Space Project News - March 2017

UK Government launches grant fund for commercial spaceflight. Grant funding of up to £10 million (potentially more in exceptional cases) is available to help develop commercial launch capability for spaceflight to help the UK capture a share of the market estimated to be worth £25 billion over the next 20 years. The government's recently announced Industrial Strategy includes targeting a greater share of the commercial space market. 

UK Space Agency hosts LaunchUK event as government publishes Spaceflight Bill. On 21 February, the UK Space Agency held a conference attended by potential UK spaceports, spaceflight vehicle operators and government ministers as part of the initiative to achieve UK-based satellite launch services and sub-orbital flights.  The regulatory framework needed to facilitate these services is contained in a draft UK Spaceflight Bill. Further analysis of the Spaceflight Bill will be available in a forthcoming Fieldfisher briefing.