A £62 million funding package for domestic satellite communications and space innovation strengthens the UK’s national security and economic resilience in a strategically critical sector – and signals growing opportunity across the space technology supply chain. The UK government has announced more than £62 million in funding to develop homegrown space technologies, with investment targeting satellite communications, space domain awareness, in-space manufacturing and early-stage space innovation across industry, universities and research organisations. Unveiled at Farnborough International Airshow by Space Minister Liz Lloyd, the package is designed to reduce the UK’s dependence on international partners for technologies and services it cannot…
