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This episode explores the meteoric rise of the UK's space and satellite sector and what this means for the sector internationally.
Date Thursday, 11 May 2023
Foot Anstey's international committee bring you a new podcast series focusing on different jurisdictions and industries, exploring the opportunities that exist in the global marketplace.
Episode 2 explores the meteoric rise of the UK's space and satellite sector and what this means for the sector internationally. We invite John Catchpole, Partner and Head of the Space and Satellite team at Foot Anstey, to discuss upstream and downstream developments in the UK space sector including the first commercial space launch from UK soil and ongoing opportunities for space and non-space related businesses.
In this episode, our experts discuss the importance of the recent events at Spaceport Cornwall and where the spaceport's trailblazing efforts fit in within the trend of the UK becoming a launch nation and its wider contributions to the advancement of space and satellite technology. This includes leading the way in small satellite manufacturing and the use of satellite-derived data to improve life on Earth.
In addition, they consider the economic and social benefits of the UK's space and satellite industry, which directly employs around 49,000 people and opportunities for international investment in the industry. The Spaceport Cornwall launch has catalysed growing global interest from space businesses in setting up shop in the UK, from as far afield as South America. But the UK is also looking outward, with space businesses such as Goonhilly Earth Station Ltd expanding into the US and Australia.