A Global Market Leader

Space has been a UK success story for many years, punching above its weight in the global market. It has built a global reputation for excellence in satellite and instrument manufacturing, achieving a 5.1% share of the global space economy. Space is a seamless part of our everyday lives, generating over £16.4 billion per year and employing over 45,000 people in diverse and exciting roles as scientists, engineers, entrepreneurs and innovators.

The UK’s thriving space economy provides end-to-end support for space enterprises. It has a renowned science and technology sector and leading satellite manufacturing and operations capabilities. Innovative and entrepreneurial British companies have built mature global supply chains. British scientists and businesses have developed the skills and technologies to interpret and use satellite data to provide technologies and services which ten years were not even thought of. And our broader strengths – from our modern regulatory regime to world-class financial and legal services – make the UK an excellent location for start-ups to develop their space business.

In September 2021, the UK space sector launched its first ever National Space Strategy which sets out the UK’s ambition to build one of the most innovative and attractive space economies in the world, and for the UK to grow as a space nation. It aims to protect and defend UK interests in space, shape the space environment and use space to help solve challenges at home and overseas. It will also inspire the next generation and sustain the UK’s competitive edge in space science and technology.

Within the National Space Strategy, the UK Prime Minister called for the UK to become a meaningful actor in the global space sector, and for the first time, encouraged civil and defence activities to be integrated to help achieve this ambition. The National Space Strategy is set out to tap into the UK’s vast pools of talent and enthusiasm, and put the UK in the forefront of the global space industry, harnessing the technologies of space to solve problems and improve the public service. The Levelling-Up Agenda will also provide opportunities across the whole of the UK, and working with other nations, we will pursue exciting missions and work with the UN to ensure space is used responsibly and safely.

Building on our Strengths

wifi icon

£40bn

Connectivity Services - delivering broadband and 5G for everyone, at home and on the move, anywhere around the globe.

earth

£20bn

Earth Information Services - delivering real-time global awareness, navigation, analytics and security for the advanced data economy.

spanner

$2bn

Space Robotics - expected to double in market size by 2027, potentially transforming the way we can use and explore space, including all new applications for science, enterprise and consumers.

rocket

£10 bn

The UK is launching its first rocket in 2022. This market is a potential £10 bn market, making the UK a home for low-cost launch services.

UK Space Landscape

The UK space sector is growing faster than the rest of the UK economy, with the average space sector worker being 2.6 times more productive than workers in other sectors.

Supported by UK Government

Industry, academia and Government continue to work together to secure the space sector's future growth.