The government is ensuring the UK plays a leading role in the new space age as part of its modern Industrial Strategy, with new support for domestic satellite launch capability and space weather forecasting, as well as a new National Space Council to improve UK space strategy.
There are significant opportunities for the growing UK space sector as commercial space activity increases globally and the US leads international efforts to return humans to the moon by 2024.
The UK Space Agency and Cornwall Council intend to make available up to £20 million for Spaceport Cornwall and US launch operator Virgin Orbit to develop facilities and operational capabilities that would enable small satellite launch from Cornwall in the early 2020s. This investment remains subject to business case approval processes, including from Cornwall Council later this year.
Business Secretary Greg Clark said, "Space is not only about pushing the boundaries of human knowledge, it is a rapidly growing sector of our economy which plays a key role in our modern Industrial Strategy, promotes global Britain and ensures our national security."
The funding would consist of up to £12 million from Cornwall Council and up to £7.85 million from the UK Space Agency, including a contribution of £0.5 million from the Cornwall and Isles of Scilly Local Enterprise Partnership.
Spaceport Cornwall could create 150 jobs and enable the UK to compete for a share of the global market for launching small satellites worth a potential £3.9 billion to 2030. Launch from the UK will be an opportunity to inspire children and young people to take up careers in science, engineering or even as space entrepreneurs.
"These exciting plans from Spaceport Cornwall and Virgin Orbit to make horizontal launch a reality from Cornwall will help further our position as a leader in the new space age," Secretary Clark added.
The UK government is working with the US to establish the necessary technical and legal safeguards for US space launch vehicle operations from UK launch sites. The US State Department has already approved a technical assistance agreement (TAA) allowing detailed technical discussions and strategic planning to commence.
This would allow Virgin Orbit, which is also investing around £2.5 million in the project, to operate its LauncherOne system and Cosmic Girl carrier aircraft from Cornwall Airport Newquay. A maiden US launch is expected later this year.
Dan Hart, CEO of Virgin Orbit, explained, "We are very proud to play a role in bringing space launch back to Britain – with a revolutionary new level of flexibility and responsiveness.
"The Virgin Orbit team has now demonstrated every major assembly of our LauncherOne system and are within arm’s reach of bringing to the UK. We’re thankful for the leadership of Minister Skidmore, MP Steve Double, Cornwall Council, the LEP and the UK Space Agency in making this partnership a reality."
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