Did you know that the UK space industry is roughly the same size as the UK music and video games industries? And that beyond direct revenue, nearly £1 in every £5 of UK GDP is supported or enabled by satellite services? Or that, because the UK public sector budget is 0.2% of GDP compared with 0.8% for the EU, our market is more commercially driven and innovative?

So how to get to the next level? Should the UK Government pivot its role from grant provider to “anchor customer”? Should the UK build more strategic, resilient partnerships, for example with the Nordic and Baltic nations, with Germany, Japan and Southeast Asia? Will the SpaceX IPO crowd new capital into competing launch vehicles that, if regulation can be stripped back, will “grease the wheels” for facilities like SaxaVord to succeed?

And why, in five years or less, will regular landings on the moon become normalised and “boring”?

Contributors:

Alice Bunn, President of UKspace

Dr Alice Bunn OBE FIMechE FRAeS CEng | LinkedIn

UKspace: Overview | LinkedIn

Doug Liddle, Chair of UKSpace

Doug Liddle | LinkedIn

Greg Sadlier, Co-founder and director of know.space

Greg Sadlier | LinkedIn

know.space | LinkedIn

Key topics covered:

• SpaceX IPO
• UK space industry
• Sovereign characteristics
• Geopolitical partnerships
• Five-year outlook
• Domain awareness
• Orbital inspections and defence
• Asteroid mining
• SaxaVord

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