Technology Strategy Board announces satellite applications Catapult centre
05 January 2012
The Technology Strategy Board is to establish a new Catapult centre in satellite applications to help UK businesses develop new satellite-based products and services and stimulate growth across the UK economy. The Catapult will focus on applications of R&D in four growth areas: communications, broadcasting, positioning and observation.
The TechDemoSat project was jointly funded by the Technology Strategy Board and Surrey Satellite Technology Ltd
Satellite services are expected to be an important growth area for the UK economy in the next decade and beyond. Worldwide, the Space sector is expected to grow to £400bn by 2030. The Satellite Applications Catapult will help to achieve targets set out in the UK Space Innovation and Growth Strategy to grow UK market share from 6% to 10% by 2030 and create 100,000 new high value jobs.
The Satellite Applications Catapult will provide in-orbit test facilities, allowing UK organisations to demonstrate new satellite technologies. It removes significant cost barriers and shortens the time UK businesses will wait to achieve a first flight demonstration for new equipment and technologies in space.
This approach was recently pioneered in the TechDemoSat project, which was jointly funded by the Technology Strategy Board and Surrey Satellite Technology Ltd. The Catapult, expected to open in Autumn 2012, will also provide UK businesses, including SMEs, access to advanced systems for data capture and analysis to support the development of new services delivered by satellites.
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