Space sector ‘a real success story’ for the UK

28 October 2013
By Edd Gent
Mobile version
Share |
The UK space sector has an average growth rate of almost 7.5 per cent

The UK space sector has an average growth rate of almost 7.5 per cent

The establishment of the UK Space Agency has helped make the UK’s space sector a multi-billion pound success story, according to a new report.

The investigation by the Science and Technology Committee found that the UK’s space sector economy’s fastest growing sectors, with an average growth rate of almost 7.5 per cent, and ambitions to increase annual turnover to £40bn by 2030.

The agency was established in 2011 and is responsible for funding projects together with the European Space Agency, advising ministers on policy and also regulating the industry, including managing the licensing of UK-based satellite operators.

“The UK’s space sector is a real success story,” said committee chair Andrew Miller. “Our inquiry heard much positive feedback about the work of the UK Space Agency since its creation in 2011.

“Whilst there is more work to done, we were pleased to find a sense of momentum within the Agency and a real desire to respond to the needs of the space sector. Given the right support, the sector will continue to grow and provide more and more high quality jobs in disciplines where the UK has real strength.”

The report welcomed recent increases in the UK’s commitments to the European Space Agency, but MPs also urged the UK Space Agency to strengthen UK influence within the European Space Agency by providing support for UK candidates applying for future director-level positions.

Miller added: “There are a number of exciting developments happening in the UK space sector, including the expansion of the European Space Agency’s operations at Harwell, the establishment of the Satellite Applications Catapult and Major Tim Peake’s upcoming mission to the International Space Station.

"With continued cross-party support, we hope to see this sector expand in line with its ambitions and continue to attract jobs and businesses to the UK.”

Latest Issue

E&T cover image 1607

"As the dust settles after the referendum result, we consider what happens next. We also look forward to an international summer of sport."

E&T jobs

  • Chair in Integrated Sensor Technology

    The University of Edinburgh
    • Edinburgh, City of Edinburgh

    The University of Edinburgh is one of the world’s top 20 institutions of higher education.....

    • Recruiter: The University of Edinburgh

    Apply for this job

  • Principal Electrical Engineer - Power

    BAE Systems
    • Bristol, England / Cumbria, Barrow-In-Furness, England
    • Negotiable

    Principal Electrical Engineer - Power Join our Electrical Power team and help design the self-contained generation and distribution system for the Successor submarine - a new generation of submarine designed to carry the UK's independent nuclear deterrent

    • Recruiter: BAE Systems

    Apply for this job

  • Operations Supervisor (Mechanical/Electrical/Instrumentation)

    National Grid
    • England, Cambridgeshire
    • £33000 - £39000 per annum

    Operations Supervisor - (Mechanical/Electrical/Instrumentation) Salary: Circa £33k - 39k dependant on experience + vehicle and great additional benefits (share scheme, pension, potential bonus).Location: Wisbech - Cambridgeshire We currently have an excit

    • Recruiter: National Grid

    Apply for this job

  • Lead NDT Trainer

    BAE Systems
    • England, Lancashire
    • Competitive package

    Would you like to be involved with training UK and international teams in Non Destructive Inspection (NDI) to support the in service fleet (Typhoon Tornado, and Hawk)?

    • Recruiter: BAE Systems

    Apply for this job

  • Systems Design - Emerging Portfolio

    MBDA
    • Bristol
    • Competitive Salary & Benefits

    What?s the opportunity?   There are fantastic opportunities in Systems Design for engineers to work within Future Systems. These are highly visible, fast paced roles, in...

    • Recruiter: MBDA

    Apply for this job

  • Metering Engineer

    Department for Business, Innovation and Skills
    • Teddington, United Kingdom
    • £24,109 - £27,961 plus EO Electronics PE of £8,090.00

    We are now looking for a Metering Engineer to deliver RD’s In-Service Testing (IST) scheme for gas and electricity meters.

    • Recruiter: Department for Business, Innovation and Skills

    Apply for this job

  • Assistant Professor (Tenure Track) of Smart Building Solutions

    Premium job

    ETH Zurich
    • Zurich, Canton of Zürich (CH)

    The successful candidate is expected to develop a strong and visible research programme in the area of control and diagnostics of building systems

    • Recruiter: ETH Zurich

    Apply for this job

  • Process Controls Leader

    Premium job

    Phillips 66
    • Humber Refinery, South Killingholme, North Lincolnshire DN40 3DW
    • £60k - 75k plus extensive Compensation and benefits package, dependent upon experience

    Experienced Process Control Leader providing leadership and technical support for Oil Refinery. Extensive Compensation and benefits package.

    • Recruiter: Phillips 66

    Apply for this job

  • Regional Technical Support Manager

    Premium job

    Siemens
    • Warwick, Warwickshire

    You will be required to lead the regional Customer Services strategy and resources to maximise Customer satisfaction.

    • Recruiter: Siemens

    Apply for this job

  • PLM Engineer (Product Lifecycle Management)

    BAE Systems
    • Shropshire, England, Telford
    • Negotiable

    PLM Engineer (Product Lifecycle Management) Would you like a varied role that involves working across all engineering functions within BAE Systems Land UK? We currently have a vacancy for a PLM Engineer at our site in Telford with occasional travel within

    • Recruiter: BAE Systems

    Apply for this job

More jobs ▶

Subscribe

Choose the way you would like to access the latest news and developments in your field.

Subscribe to E&T