The Council for Science and Technology (CST) welcomes the recent re-establishment of the National Space Council and publication of the National Space Strategy in Action report. Capability in space-based technologies is increasingly critical to a prosperous economy, national security, resilience, and sustainability.
Annually, the space sector is worth over £17.5 billion, while space-based satellites underpin £370 billion of wider economic activity. With the global space market projected to reach £1 trillion by 2030, this presents a clear opportunity for the UK to build sovereign capability to ensure both our competitive global edge and reinforce our national resilience.
In light of this, the CST wrote to the Chancellor and Secretary of State for the DSIT to offer advice on the prioritisation of investment in the capabilities laid out in the National Space Strategy.
