£47 Million Investment to Supercharge Space Infrastructure Across the UK
Marketing
Space research, manufacturing and testing facilities across the UK will get a boost thanks to a new fund from the UK Space Agency.
The Space Clusters Infrastructure Fund (SCIF) has awarded more than £47 million for 12 projects which will be doubled by match funding from the sector, representing over £98 million of new private/public investment in space research and development infrastructure. Further projects will be announced in the coming weeks.
Not only will the funding support the growth of UK space businesses and create new jobs, but it will enhance the UK’s offering of space capabilities and services to international investors and major space players. SCIF funding builds upon investment the UK Space Agency has made to develop the UK space ecosystem; building and connecting clusters of space capabilities across the country which create the environments for businesses to start-up and flourish. These clusters will help SCIF projects connect to local talent and supply chains and ensure the benefits of this investment are shared across the UK.
