UK Space Industry
The worldwide space industry is experiencing growth at the fastest rate since the Cold War. And the UK space industry is no different. Analysts say that the industry has created more than 3000 new jobs, a remarkable feat in the face of the global pandemic.
The growth has been felt throughout the UK, with 1218 companies currently registered in the British space industry, an increase of roughly a third over two years. Much of the development is present throughout England, though Scotland has started to carve out a niche for itself: the sovereign nation now hosts 173 companies hosting 7703 employees. Much of the growth is driven by the current satellite boom. With research and development at £702 million, five times the national average, companies are at their best in decades.
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