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UK announces £500 million package for industrial growth and national security

Written by  Emma Gatti Thursday, 05 March 2026 12:28
Rocket Factory Augsburg aims to launch from SaxaVord Spaceport, located at the northernmost part of Scotland’s Shetland Islands, in 2024. Credit: Rocket Factory Augsburg

LONDON – The United Kingdom is refocusing its funding priorities with a new 500 million pound ($668 million) space funding package that aligns more closely with economic growth and national security priorities, Liz Lloyd, the UK minister for the Digital Economy at the Department for Science, Innovation and Technology, said March 4. Speaking here at […]

The post UK announces £500 million package for industrial growth and national security appeared first on SpaceNews.


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