UK invests in homegrown space tech to boost national resilience
- 5 days ago
- 1 min read
British businesses, universities and researchers will receive access to more than £62 million in government funding to develop homegrown space technologies, boosting the UK’s national resilience and helping protect its independence in a strategically vital sector.
£62 million to develop homegrown satellite communications and space technologies
Investment will strengthen the UK’s ability to monitor and protect assets in orbit and access space-based services we rely on, including broadband for remote communities and mobile connectivity on rail, in the air and at sea.
New figures show the UK Space Agency’s Accelerator programme has already backed 289 founders and helped raise more than £102 million contributing to early-stage business growth
The funding – unveiled on Monday 20 July at Farnborough International Airshow by Space Minister Liz Lloyd – will support new satellite communications systems and space innovation projects, helping turn early-stage ideas into commercial products, strengthen the UK’s ability to monitor and protect assets in orbit, and build a more resilient domestic space sector.
