The Satellite Applications Catapult is a private company limited by guarantee and controlled by its Board. We are a not-for-profit research organisation and we act as a neutral, trusted entry point to an entire network of UK expertise in applications development across government, academia and industry. The company’s primary purpose is to promote, develop and facilitate the commercialisation and advancement of the satellite applications industry.
We have a trading subsidiary, Satellite Applications Catapult Services Ltd, which is a private limited company. This ensures that we separate our commercial contracts from our core services. Any trading surplus is re-invested in the main not-for-profit company.
The company is controlled by an independent Board comprising the Chair, Chief Executive Officer, Chief Financial and Operating Officer, and six Non-Executive Directors (NEDs). The UK Space Agency and Innovate UK have representatives on the Board. The Board is responsible for devising the company’s strategy, approving the annual budget, signing off the financial statements, making significant investment decisions, and setting the limits and delegated authorities for expenditure.
There are two sub-committees to support the Board: a remuneration committee and an audit committee. These are made up of NEDs who meet regularly during the year and make recommendations to the Board.
In addition, there is an Advisory Group whose purpose is to bring together industrial, public and academic representatives to interact with the Board.
An Executive Management Team consisting of the CEO and other senior personnel (CFO/COO, Chief Technical Officer, and Chief Innovation Officer) is responsible for the day-to-day management of the Catapult.