Utilising the strengths of the UK’s space industry to help entrepreneurs get their ideas into space
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The traditional approach of developing and realising space-enabled services can take considerable time and upfront investment, making people cautious and less receptive to new ideas, stifling innovation.
The Agile Space Intervention wants to make this process faster, aiming to reduce the time it takes for services to be brought to market. We will utilise the strengths of the UK’s space industry and tackle the problems that are slowing things down, helping entrepreneurs get their ideas into space more quickly.
We invite you to participate in our survey and share valuable insights on how our Agile Space Intervention could enhance your business development journey.
As the space industry continues to evolve and expand, we understand the challenges and opportunities that lie ahead. Your experiences and perspectives are crucial in helping us identify the most effective ways to support your business development. We encourage you to share your thoughts on how specific forms of support, such as funding, mentorship, technical expertise, or networking opportunities, could empower your company to thrive in the space industry.
The space economy is worth around $450 billion globally. In the UK, the space sector contributes £16.5 billion and supports industries to the tune of £300 billion. The growth and potential of space activities and capabilities has attracted many new countries and organisations to the sector and the UK needs to innovate to remain competitive and relevant in this market.
In order to maintain or improve the UK’s market share we must lead as a responsible actor in space and make the most of the opportunities space presents, we must act to accelerate the speed at which ‘ideas’ can become commercially viable in space. We must break down barriers to innovation, process, and commercialisation, developing a responsive UK space sector that brings value and competitive advantage.
A stronger position within space leads to a stronger position for our nation within the global economy. Having an agile space sector will drive revenue into the UK.
The Agile Space Intervention is built on four key pillars from the National Space Strategy:
Unlock growth in the UK Space Sector
Grow the UK as a science and technology superpower
Develop resilient space capabilities and services