U.K.’s Space Industry Bill, which could pave way for first commercial space launch in country, signed into law on March 15, 2018

Briefing

U.K.’s Space Industry Bill, which could pave way for first commercial space launch in country, signed into law on March 15, 2018

May 1, 2018

Briefing

  • Space Industry Bill – New U.K. legislation which will allow rockets and satellites to launch in country was signed into law on March 15, 2018 after passing both House of Lords and House of Commons
  • 2030 Goal – Aims to increase U.K.'s share of space industry from 6.5% to 10% by 2030
  • Project Enabler – U.K. Space Agency’s Space for Smarter Government Programme announced eight new projects, including one that uses satellite data and machine learning to roll out charging stations for electric vehicles, and another that taps on drones and satellites to fight marine waste
  • Regulatory Framework – Government working on regulatory structure to ensure commercial space launches are done safely and responsibly
  • Potential Spaceport – Sites considered for potential spaceport include Campbeltown, Argyll and Bute; Glasgow Prestwick; Stornoway, Isle of Lewis; Newquay, Cornwall; and Llanbedr, Gwynedd

Accelerator

Market Disruption

Sector

Transportation and Logistics

Source

Original Publication Date

March 15, 2018

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