Space Sector Success Adds Billions to UK Economy

Science secretary Peter Kyle has hailed the UK space sector‘s recent achievement as proof that the UK is a “launchpad for innovation and investment”. The field has secured £80m more in European Space Agency (ESA) contracts than government contributions in late 2024, the highest return for any ESA member state. This success is set to add over £1bn to the UK economy and create 3,800 high skilled jobs, positioning Britain as a global leader in space innovation. Kyle said that the sector attracting top contracts is driving…