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Latest News
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The government is to grant nearly £6million to co fund major new British research that will develop commercial products and services using space technology and data from space based systems.
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More than 20 British companies are to share £2.5 million of government support to enable them to develop commercial products and services using space technology or space derived data.
The grant funding – from the UK Space Agency, the Technology Strategy Board and the South East England Development Agency – will support 28 fast track R&D projects, each lasting between six and nine months. Including match funding from the businesses involved, the total value of the R&D is nearly £5million.
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The government is to invest up to £2million to stimulate and support technological innovation by the UK's small and micro businesses.
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