Report shows benefits for UK of its European space telecoms leadership
The UK will continue to play a leading role in the European Space Agencys ARTES programme which has led to increased income, growth and partnerships for the space sector.
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A new independent report, carried out by Technopolis, highlights the wide-ranging benefits the UK enjoys from the European Space Agency’s (ESA’s) Advanced Research in Telecommunications Systems (ARTES) programme, which has generated an additional £11 billion of income for the UK’s growing space sector over the past decade.
ARTES is an ESA initiative that supports the research and development of innovative technology for telecommunications. The UK is Europe’s leading investor in the programme and is looking forward to continuing its commitment in November during the ESA Council of Ministers meeting, Space19+ in Seville, Spain.
The report reveals the positive impacts the programme has delivered for the UK, including strengthened partnerships between companies, increased visibility and reputation of UK capabilities, and the encouragement of more UK companies to get involved in the space sector.
Every £1 million won in contracts by UK industry has led to £14.4 million in additional income, as well as the creation or safeguarding of 15 high-skilled jobs.