Spaceport UK: Forging Ahead with Commercial Confidence | Satellite Applications Catapult

Spaceport UK: Forging Ahead with Commercial Confidence

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Spaceport UK will be a pillar of growth for the UK and European space industry, enabling lower cost access to space, and creating economic benefit far beyond its perimeter fence. A spaceport will unlock economic growth and jobs in existing UK industries and regions, while positioning the UK to take advantage of emerging demand for commercial human spaceflight, small satellite launch, microgravity research, parabolic flights, near-space balloon tourism, and eventually high-speed point-to-point travel. Although a specific site has not yet been selected, this reports looks at the economic impact of such a spaceport, which it expects to deliver approximately £2.5 billion and 8,000 jobs to the broader UK economy over 10 years.

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