Space science investment generates income and creates jobs

Every pound invested in the design and development of space science missions like Solar Orbiter results in between 2.50 pounds and 4 pounds in returns, a new report shows.

The study found that 523 million pounds of UK Space Agency funding put into the European Space Agency's Space Science Programme (SSP) has generated 1.4 billion pounds of income for UK industry, with a further 1.1 billion pounds from partially attributed and forecast benefits. The investment, between 2000-2018, created 306 jobs. The UK industry regularly secures major ESA contracts to provide mission spacecraft platforms, support mission operations and develop major subsystems.

To support UK involvement in the build and data exploitation of the science instruments themselves, the UK Space Agency provides separate funding to the academic community.

One of the missions addressed by the report, Solar Orbiter, is due to launch in February. This will take the most detailed images ever of the Sun and provide crucial information about how our star's volatile activity affects its atmosphere. This knowledge will help improve predictions of space weather events, which can disrupt and damage satellites.

The UK is at the heart of this ESA mission, with Airbus at Stevenage winning the contract to design and build the spacecraft. This could become the template for an operational programme to monitor and warn us of approaching Space Weather. Meanwhile Imperial College London and UCL Mullard Space Science Laboratory are leading international teams to design and build two instruments while the Science and Technology Facilities Council's RAL Space and UCL are major contributors to two more and from which future operational requirements will be defined.

Chris Lee, Chief Scientist at the UK Space Agency, said: "Having a major role in space science programmes is like playing in the Champions League. Technology doesn't get much harder than this and the insights these missions offer and the skills they create permeate the entire UK space economy - supporting our leading role in areas such as telecommunications, Earth observation and weather satellites."

The report, commissioned by the UK Space Agency, also found the UK's investments in space science have led to the development of new skills in the sector and improved facilities, such as clean rooms, computing and mechanical equipment.

In November the UK Space Agency joined all ESA member states in supporting a 10% rise to the overall space science budget, taking the UK's share to around 600 million pounds over a five-year period. This will increase the number and ambition of space science missions, including missions to use gravitational waves to study black holes and to intercept and study a pristine comet in our solar system.

SSP is designed to undertake scientific research concerning the solar system, our Sun and the Universe beyond. At the same time, the programme is charged with stimulating competitive industrial capability.

In addition to these direct industrial contractual benefits, UK investment aims to facilitate technology transfer, industrial-academic knowledge transfer, and contribute to the UK skills base by attracting and developing young talented scientists and engineers through high profile missions.

The evaluation focused on a sub-set of seven SSP missions: Bepi-Colombo, Gaia, Herschel, James Webb Space Telescope, Lisa Pathfinder, Planck and Solar Orbiter.

The full report is available here

Related Links
UK Space Agency
The latest information about the Commercial Satellite Industry

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

Xplore and Nanoracks partner to commercialize deep space
Seattle WA (SPX) Jan 30, 2020
Xplore Inc., a commercial space company providing "Space As A Service" has announced a partnership in which Nanoracks will provide commercial deep space flight opportunities for its customers and serve as a customer interface for payload design, preparation and integration on Xplore missions to the Moon, Mars, Venus, Lagrange Points and near-Earth asteroids. Nanoracks has dramatically expanded the commercialization of space in low-Earth orbit by launching cubesats and microsatellites from the Inte ... read more