debug

New US-UK agreement boosts UK’s spaceport plans

Thursday June 18th, 2020

The UK and US governments have signed a new agreement paving the way for US companies to operate from UK spaceports and export space launch technology.united_kingdom

UK Ambassador Dame Karen Pierce and U.S. Assistant Secretary of State for International Security and Non-proliferation, Christopher Ford, signed the US-UK Technology Safeguards Agreement, which will enable U.S. companies to participate in space launches from the United Kingdom, on Tuesday 16 June 2020.

The Agreement means US space and technology companies throughout the supply chain can contribute to and benefit from the commercial opportunities offered by the UK space sector which already employs 42,000 people and generates an income of £14.8 billion each year.

The UK Government has already awarded grants totalling nearly £40 million to establish commercial vertical and horizontal small satellite launch from UK spaceports and put in place the necessary regulation to enable the first launches to take place in the early 2020s.

The UK Government’s Spaceflight Programme aims to establish commercial vertical and horizontal small satellite launch from UK spaceports. Bringing launch to the UK will be a catalyst for growth in the wider space industry, and the government is also developing a comprehensive national space strategy to bring long-term strategic and commercial benefits for the UK.

Karen Pierce, UK Ambassador to the US said:

“This agreement marks an exciting new area for UK-US space collaboration and represents a significant step towards US companies launching from UK spaceports.

The commercial space sector already represents hundreds of millions of dollars in trade between our two countries each year, as well as thousands of jobs on both sides of the Atlantic. This new agreement will generate further growth and prosperity for both our countries.”

Leave a Reply

debug