Today:

16/06/2021

UK’s space sector creates 3,000 jobs

Share this article

Science Minister Amanda Solloway announced that “The UK’s space sector has seen growth in both jobs and income due to increased investment in research and development. This means it is well-placed to grow strongly as the UK recovers from the Covid-19 pandemic.”

Findings from the latest ‘Size and Health of the UK Space Industry’ report, commissioned by the UK Space Agency show that in the last two years the number of organisations involved in space-related activity in the UK has increased from 948 to 1,218. This includes the establishment of 95 new space-related companies.

In Scotland there has been an increase in space companies from 132, employing 7,555 people, to 173 companies employing 7,703 people.

The space sector requires a highly skilled and educated workforce, with 3 in 4 employees holding at the very least a primary degree. For the first time the ‘Size and Health of the UK Space Industry’ looked at the diversity within the industry. Finding that over one in three employees are female.

Science Minister Amanda Solloway said “The UK space industry is booming and this strong growth is a key part of our plans to level up and build back better from the pandemic, creating thousands of high value space jobs in regions right across the UK.”

“As we look to fulfil our bold ambitions for space, including the first satellite launches from UK soil next year, I look forward to seeing the sector growing further with more young people pursuing exciting careers in space, all while helping to cement the UK’s status as a global space superpower.”

The space sector also brings with it investment in research and development investing increasing sums in new ideas and technologies. R&D spending is up 18% in real terms from £595 million in 2016/17 to £702 million in 2018/19. As a proportion of Gross Value Added, this is 5 times the national average.

Dr Graham Turnock, Chief Executive of the UK Space Agency, said: “The UK is already a world leader in small satellite technology and applications, telecommunications, robotics and earth observation, while British universities are some of the best in the world for space science. It is fantastic to see our innovative space sector investing in the future through increased commitment to research and development – and see more and more jobs being created in this exciting industry.”

The UK Space Agency’s Spaceflight Programme is looking to establish both commercial vertical and horizontal small satellite launch from UK spaceports. This will provide a further boost to the space sector as by growing the UK’s launch capability new jobs and further economic benefits will be brought to communities and organisations right across the UK. Its hoped that this will also inspire the next generation of space scientists and engineers meaning continued long term growth is assured in this exciting and rapidly developing job sector.

Source: Gov.UK

Similar Articles

Don't Miss

Jobs available in Croydon

The main employment sectors in Central Croydon are retail and enterprise. Also the area 'Purley Way' has many retail parks, outlet and malls making it a destination for shoppers looking for stores that carry the full range of products. Here there are many opportunities for sales assistants, consultants and store managers. IKEA Croydon brought many non-skilled jobs to Croydon and is the fifth biggest employer in Croydon.

Morris Leslie plant hire company rises from losing millions to investing £70m

Perthshire plant hire giant Morris Leslie was hit hard by the Covid 19 pandemic, however the company was struggling before that because of Brexit. Six months before Covid 19 shut down building sites and locked down the UK the company Morris Leslie has already experienced tough times. Uncertainty because of Brexit had already caused building projects to be shut down or paused causing a much lower demand for plant hires and sales. This slowdown had caused an oversupply of construction equipment meaning more competition and so reduced prices. Then Covid 19 hit and the group’s vehicle auctions and Sunday car boot market were shut down.

Jobs available in Lambeth

Lambeth is a borough in Central London that is quickly developing into a business and cultural hub. Along the River Thames is a pedestrianised area running next to the river Thames called the 'South Bank' which is a great destination for tourists and locals alike. This area includes cultural draws such as the Southbank Centre and National Theatre where actors, singers, lighting technicians and set designers can all find opportunities. Other tourist attractions such as the London Eye, London Dungeons and London Aquarium are also found along the Southbank providing lots of employment. There is a great range of restaurants as well, taking advantage of the high footfall of people enjoying the great views of the city of London along this walkway. Cultural events, Street performs and the annual Christmas market all make the Southbank a destination for tourists and locals throughout the year and provide employment oppertunities. The Oval cricket ground is located in Kennington and is home to the Surrey County Cricket team as well as international matches. These events draw huge crowds and offer employment for security staff, chefs and waiting staff.