Prosperity from Space is the industry-led sector strategy to build and finance great UK businesses, attract inward investment, grow exports, deliver breakthrough research and create high productivity jobs across the UK.

The Prosperity from Space strategy calls for a long-term plan that focuses inward investment mechanisms, export support and R&D investment on the development of new and high growth markets whilst also capitalising on rapidly maturing new technologies.

Prosperity from Space is built on four defined and mutually beneficial pillars

1. Creating a National Space Programme to unlock increased private investment

  • Building new global partnerships and exports
  • Maintaining world-leading excellence in the ‘stand-out’ UK industrial and academic strengths
  • Combining capabilities in Space data and Artificial Intelligence (AI) to drive productivity in sectors across the UK economy.

2. Harnessing the right environment for success by securing and building on existing strengths

  • Improving the entrepreneurial pathway and access to finance
  • Setting up a cross-Government working group to secure high value inward investment
  • Demonstrating how smart Government procurement can stimulate commercial investment in infrastructure, giving the UK ‘first mover’ advantage and empowering UKSA to become a procurement agency for the rest of Government
  • Delivering a globally competitive and progressive regulatory system.

3. Investing in people and places

  • Attracting and training up to 30,000 additional skilled people by 2030
  • Actively encouraging diversity and inclusion in our workforce
  • Showcasing exciting scientific achievements in Space and undertaking one million interactions with young people each year.

4. Driving growth from investment in ESA, Eumetsat and EU Programmes

  • Enhancing the UK’s relationship with ESA and Eumetsat maintain current planned levels of investment
  • Fully supporting Government negotiations to ensure future UK / EU partnerships cover current and planned EU Space programmes, with opportunities to address shortfalls in activity.

NSP Markets

The UK will focus national effort on four sector market priorities building on our industrial and academic strengths.

NSP & UK Industrial Strategy

The Government’s Industrial Strategy highlights how every part of society and every industry sector will be transformed by advances in Artificial Intelligence, autonomy, digitisation and robotics.