The Aerospace Corporation UK Ltd is Awarded £3M Contract by UK Space Agency

The Aerospace Corporation (Aerospace) announced today that its wholly owned UK subsidiary, The Aerospace Corporation UK Ltd (Aerospace UK), was awarded a two-year, 3 million contract by the UK Space Agency (UKSA) to provide technical and policy support.

Specifically, Aerospace UK will provide UKSA with independent technical expertise and specialist advice in support of policy development and implementation, successful program delivery, strategic decisionmaking, and international and sector-specific engagement approaches at a critical moment for the UK space enterprise.

“Our strengths in research and development, innovation, and technology place us in a perfect position to take a meaningful role in the new Space Age, and work collaboratively and effectively with our international partners,” said Ian Annett, UKSA deputy CEO for Programme Delivery. “Our partnership with The Aerospace Corporation UK Ltd will allow us to build on our sovereign capabilities and realize our goal of achieving 10 percent of the global space economy by 2030.”

A vital part of UKSA’s work is to ensure it continues to operate in the national interest. The UK space sector contributes 6.6 billion annually to the UK economy and supports 5.8 billion annually in exports. New space trends provide significant opportunities for the UK to realize significant economic and national security ambitions for space, including launching satellites from the UK in 2022. The UK has established a new Cabinet committee dedicated to space, the National Space Council, and is developing a new National Space Strategy. Also, space has been designated part of the UK’s Critical National Infrastructure, given satellites support 360 billion of UK gross domestic product, public services, and key economic sectors ranging from agriculture to finance.

Leveraging Aerospace’s unique specialist skills, technical expertise and capabilities spanning the entire space enterprise will enable UKSA to develop in areas of high value for the UK as it pursues a more robust role in the global space environment. In turn, Aerospace demonstrates its commitment to integrating and elevating the entire space enterprise through this collaboration with a key U.S. ally.