Scotland chosen as site for first British spaceport

Lockheed Electron Rocket

Aerospace giant Lockheed Martin, which is backing the project, will also be given £23.5 million from the space agency to "establish vertical launch operations at Sutherland using proven technology and to develop an innovative new system in Reading for deploying small satellites".

"It will be a huge boost to supply chain companies across the country which will become a one-stop-shop for new satellite services, building on our unrivaled capabilities in small satellite manufacturing", he added.

Another £2 million (about $2.65 million) will be invested in horizontal launch sites across the UK.

Also part of the group is UK-based rocket-builder Orbex, which has raised £30 million ($39.6 million) to launch satellites from the new spaceport.

A proposed vertical launch spaceport in Sutherland has been awarded £2.5 million in funding by the UK Space Agency to develop a ground breaking launch site. By GCR Staff0 CommentsA peninsula on the north coast of Scotland has been chosen as the most suitable location for the UK's first spaceport.

Lockheed Martin has partnered with the Space Agency and HIE to help develop the Scottish site for the launch of its range of nano satellites.

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Space agency chief executive Graham Turnock said this great news is all part of the "kickstart of an exciting new era for the United Kingdom space industry, and this is only the beginning of our LaunchUK campaign".

Main Image: An artist's impression of a vertical launch from the proposed spaceport.

He said:"If the costs of operating in the United Kingdom become higher, then our ability to attract new investment will be diminished". When a big investment decision comes along we are not in such a good place.

The commercial space sector is estimated to be worth a potential £3.8 billion to the United Kingdom economy over the next decade and will support Britain's modern Industrial Strategy by creating high-skilled jobs and boosting local economies. "If it continues we could see an erosion of our position". The UK space sector has trebled in size in real terms since 2000 - with a turnover of £13.7billion, between 6.3% and 7.7% of the global market. However, this could have an upside for many other United Kingdom industries. Supporters say the effort will bring new jobs and billions of pounds to the United Kingdom economy.

"Indeed, space is one of the eight great technologies for the UK".

"We are committed to supporting a commercial market for access to space in the United Kingdom, and we will continue to engage with any company who seeks to operate here". "The worldwide space sector is growing and we want to ensure the region is ready to reap the economic benefits that will be generated from this fantastic opportunity". "Not to mention national heroes like Tim Peake".

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