Close Menu
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing & Mental Health
  • Marketing
  • HR & Recruitment
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
X (Twitter) LinkedIn YouTube
Trending
  • As Seen on BBC Panorama – Brad Burton to Headline The South West Expo in Swindon
  • New Industrial Strategy must spark growth and opportunity for small businesses
  • Selling a business: The steps too many owners miss
  • Temperatures Soaring: Is Your Workplace Becoming Unsafe?
  • Outgrowing your MSP; businesses need a provider that scales with their growth
  • Level 7 apprenticeship funding cuts will cost UK employers over £200m
  • Groundbreaking compliance tool to futureproof UK fashion sector
  • How much experience do you need to be a FTSE 100 CEO?
X (Twitter) LinkedIn YouTube
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing
  • Marketing
  • HR & Recruitment
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • Twitter
  • LinkedIn
  • YouTube
  • RSS
You are at:Home»News»UK’s spaceport plans enhanced by US-UK agreement
UK’s spaceport plans enhanced by US-UK agreement

UK’s spaceport plans enhanced by US-UK agreement

0
Posted By sme-admin on June 18, 2020 News, Technology

The UK and US governments have signed a new agreement paving the way for US companies to operate from UK spaceports and export space launch technology.

UK Ambassador Dame Karen Pierce and U.S. Assistant Secretary of State for International Security and Non-proliferation, Christopher Ford, signed the US-UK Technology Safeguards Agreement, which will enable U.S. companies to participate in space launches from the United Kingdom, on Tuesday 16 June 2020.

The Agreement means US space and technology companies throughout the supply chain can contribute to and benefit from the commercial opportunities offered by the UK space sector which already employs 42,000 people and generates an income of £14.8 billion each year.

Science Minister Amanda Solloway commented, “This deal with the US takes us one step closer to seeing the first ever launch into space from British soil.

The UK Government’s Spaceflight Programme aims to establish commercial vertical and horizontal small satellite launch from UK spaceports. Bringing launch capabilities to the UK is intended to be a catalyst for growth in the wider space industry, and the government is also developing a comprehensive national space strategy to bring long-term strategic and commercial benefits for the UK. Nearly £40 million worth of grants to establish commercial vertical and horizontal small satellite launch from UK spaceports have already been awarded and the Government is  putting in place the necessary regulation to enable the first launches to take place in the early 2020s.

Karen Pierce, UK Ambassador to the US said “This agreement marks an exciting new area for UK-US space collaboration and represents a significant step towards US companies launching from UK spaceports.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

New Industrial Strategy must spark growth and opportunity for small businesses

Outgrowing your MSP; businesses need a provider that scales with their growth

Groundbreaking compliance tool to futureproof UK fashion sector

Leave A Reply Cancel Reply

Follow SME Today on Linkedin and share all the topics you find interesting
Get £100 of free trades - ii trading account

The Newsletter

Join our mailing list for the best SME stories, handpicked and delivered direct to your inbox every two weeks!

Sign Up
Events Calendar
    • Marketing
    June 25, 2025

    From PLT to Twitter X: Business Branding Decisions That Backfired

    June 20, 2025

    Fast fashion giant Shein accused of “dark marketing” – what does it mean for businesses?

    • Finance
    July 2, 2025

    Selling a business: The steps too many owners miss

    July 1, 2025

    Level 7 apprenticeship funding cuts will cost UK employers over £200m

    • Health & Safety
    July 1, 2025

    Temperatures Soaring: Is Your Workplace Becoming Unsafe?

    January 29, 2025

    UK takeaways guilty of shocking hygiene failures:

    • Events
    July 2, 2025

    As Seen on BBC Panorama – Brad Burton to Headline The South West Expo in Swindon

    June 19, 2025

    Windsor Expo Wows: A Showcase of Success, Innovation, and Local Business!

    • Community
    June 23, 2025

    Celebrating One Year In Fairford Supporting The Community

    June 2, 2025

    National Charity Accelerates Children’s Reading Through New Corporate Partnership

    • Food & Drink
    June 23, 2025

    England Cricket Captain, Ben Stokes OBE, takes a stake in Spencer Matthews’ alcohol-free spirits brand, CleanCo

    June 16, 2025

    Hospitality industry risks collapse

    • Books
    April 24, 2025

    Values-Driven Professionalism: A Path to Client Loyalty

    December 2, 2024

    Banish the banshee boss: how to lead without fear – addressing the issue of fear-based management and how NOT to be this manager

    About

    SME Today is published by the same team who deliver The Great British Expos’. We have been organising various corporate events for the last 10 years, with a strong track record of producing well managed and attended business events across the UK.

    Join Our Mailing List

    Receive the latest news and updates from SMEToday.
    Read our Latest Newsletter:


    Sign Up
    X (Twitter) YouTube LinkedIn
    Most Recent Posts
    July 2, 2025

    As Seen on BBC Panorama – Brad Burton to Headline The South West Expo in Swindon

    July 2, 2025

    New Industrial Strategy must spark growth and opportunity for small businesses

    July 2, 2025

    Selling a business: The steps too many owners miss

    July 1, 2025

    Temperatures Soaring: Is Your Workplace Becoming Unsafe?

    July 1, 2025

    Outgrowing your MSP; businesses need a provider that scales with their growth

    Categories
    • Books
    • Community & Charity
    • Education and Training
    • Environment
    • Events
    • Features
    • Finance
    • Food and Drink
    • Health & Safety
    • HR & Recruitment
    • In Profile
    • Legal
    • Marketing
    • News
    • Property & Development
    • Sponsored Content
    • Technology
    • Transport & Tourism
    • Wellbeing & Mental Health

    Copyright © 2020 SME Today.

    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Privacy
    • Contact
    Copyright © 2025 SME Today.
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Privacy
    • Contact

    Type above and press Enter to search. Press Esc to cancel.