If you look at any UK aerospace company these days, you’ll probably notice just how much funding they’re receiving. The whole nation has seen growth in its space sector like never before, with countless new jobs and an enormous amount of foreign direct investment. It’s great for everybody as the UK space industry contributes to approximately 15% of the nation’s GDP, creating hundreds of highly skilled jobs. Even with the coronavirus pandemic, growth is […]
UK Space Industry Developing at a Tremendous Pace
UK Space Industry Developing at a Tremendous Pace
The statistics don’t lie The remarkable development of the UK space sector has been widely documented. Statistics paint a picture of just how impressive the growth is. If you look at records comparing 2016 to 2018, you’ll find the following: Space-based income has increased from £14 to over £16 billion. Over 3000 highly skilled jobs have been created. Research and development investment increased by 18%. Scotland has been thriving, with an average increase in profits […]