New report from the Oxford Economics consultancy shows the strength of the UK space sector
08. 11. 10
The latest "Size and Health" report was commissioned by the UK Space Agency and is based on a survey of the activities of 260 leading companies. The report found that UK space companies have defied the recession and grown by an average of 10% a year since 2007.
The total turnover for the UK space industry is now said to be in the region of £7.5bn, with employment rising by about 15% a year. While there has been low annual growth of 3% in the upstream sector (e.g. satellite manufacturing), the greatest rise in growth has been seen in the downstream sector (e.g. satellite broadcasting and telecommunications).
The UK space sector recently set out a 20-year vision for itself called the Space Innovation and Growth Strategy (S-IGS), in this, the industry called for government to increase its investment, claiming that - were this to happen - the UK space sector could create up to 100,000 new UK jobs in space-related activity and grow revenues to £40bn a year.
Visit the UK Space Agency website to find out more.
News archive Previous stories
- May 2012
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- February 2012
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- September 2011
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- July 2011
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- June 2011
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- May 2011
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- March 2011
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- February 2011
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- January 2011
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- Andromeda's once and future stars (05. 01. 11)
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- 'Map of the universe' revealed (12. 01. 11)
- Space Academy Teacher Conference (14. 01. 11)
- 2011 set to be Europe's 'year of rockets' (15. 01. 11)
- Stargazers not put off by torrential rain across Wales (18. 01. 11)
- ESA's Mercury mapper feels the heat (18. 01. 11)
- SSTL to send mobile phone into space (24. 01. 11)
- Scholarship funding available for the International Space University (27. 01. 11)
- Applications now open for ESA's Alpbach Summer School 2011 (28. 01. 11)
- Top stargazing locations in Britain (31. 01. 11)
- Listen to Space Ambassador Anu Ojha exploring the history of animals in space (31. 01. 11)
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- December 2010
- Astronomers claim that the Universe may be even vaster than first realised (02. 12. 10)
- Google Science Fair (02. 12. 10)
- UK Space industry goes from strength to strength at Harwell Science and Innovation Campus (03. 12. 10)
- CryoSat-2 goes live (06. 12. 10)
- A bedroom in space (07. 12. 10)
- Private space capsule Dragon ship launched on Falcon 9 (09. 12. 10)
- How to trap a supernova in a jar (10. 12. 10)
- Behind the Webb – new video tracks the progress of the James Webb Space Telescope (15. 12. 10)
- European Space Agency offers unrivalled access to the Sun (15. 12. 10)
- ESA’s Cryosat-2 mission delivers an insight into Arctic currents (19. 12. 10)
- Opportunity for European students to attend NASA Academy 2011 (20. 12. 10)
- November 2010
- Will an asteroid collision end life on Earth? (03. 11. 10)
- Probe sweeps past ‘space peanut’ (05. 11. 10)
- New report from the Oxford Economics consultancy shows the strength of the UK space sector (08. 11. 10)
- Large Hadron Collider (LHC) generates a ‘mini-Big Bang’ (09. 11. 10)
- Participate in a unique 'Greenhouse in space' school challenge (10. 11. 10)
- Hayabusa probe successfully collected particles from Asteroid Itokawa (16. 11. 10)
- Take part in the 2011 Rocketry Challenge for UK schools (16. 11. 10)
- Mission X in the UK (18. 11. 10)
- Apply now for your place at Scottish Space School! (19. 11. 10)
- Europe's new astronauts graduate (24. 11. 10)
- ESA produces pan-European land cover and usage map from space (29. 11. 10)
- Hylas-1 satellite to deliver broadband access to rural Europe (30. 11. 10)
- October 2010
- UK space students graduate from International Space University (07. 10. 10)
- European students participate in IAC 2010 (08. 10. 10)
- Mars: How low can you go? (08. 10. 10)
- UK teachers and students to benefit from galaxy of cosmic resources with launch of ESERO-UK (13. 10. 10)
- Aftermath of the collision of two asteroids captured by spacecraft (14. 10. 10)
- Mission X launches on the Internet (18. 10. 10)
- Interested in finding out more about Europe’s vision for space exploration? (20. 10. 10)
- 'A new space policy for Europe' at the European Parliament (29. 10. 10)
- September 2010
- Fly your experiment to the edge of space! (03. 09. 10)
- ESA invites students to spin their theses (07. 09. 10)
- Astronomers find evidence for unusual class of black holes (09. 09. 10)
- Astronomy photographer of the year 2010 (10. 09. 10)
- Competition: Take control of Cassini (13. 09. 10)
- Space Academy Science Teacher INSETS (14. 09. 10)
- 13 teams selected for next stage of Fly Your Thesis! 2011 (15. 09. 10)
- UKDMCii leading new ESA project to strengthen UK disaster response (16. 09. 10)
- 2010 ESA/GTTP workshop for science teachers (20. 09. 10)
- Catching the strange strangelets (22. 09. 10)
- Lego helps analyse a comet (29. 09. 10)
- Compete and find your way to Jupiter! (30. 09. 10)
- August 2010
- Worldwide solar storm warns of things to come (04. 08. 10)
- Stephen Hawking: mankind must colonise space or die out (09. 08. 10)
- UK-ESERO at the National Eisteddfod (18. 08. 10)
- Fireball on Jupiter (20. 08. 10)
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- Scientists develop a new way to weigh planets (23. 08. 10)
- 2010 European CanSat competition - winners announced (24. 08. 10)
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- July 2010
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- June 2010
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- May 2010
- 2010 Space Academy Teachers Conference (01. 05. 10)
- An impossible star (06. 05. 10)
- ESA Human Spaceflight Teachers Workshop (10. 05. 10)
- ESA giving a spare arm to the International Space Station (12. 05. 10)
- February 2010
- ExoMars programme goes ahead (25. 02. 10)
