New laws unlock exciting space era for UK

https://www.gov.uk/government/news/n...ace-era-for-uk

British businesses will soon be able to compete in the commercial space race using UK spaceports.

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New laws are set to get Royal Assent today (15 March 2018) which will unlock an exciting era of British space innovation, exploration and investment.

The Space Industry Bill will enable the first commercial space launch from UK soil in history, creating the potential for hundreds of highly-skilled jobs and bringing in billions of pounds for the economy.

The passing of the Bill, the most modern piece of space industry legislation anywhere in the world, means British businesses will soon be able to compete in the commercial space race using UK spaceports.

This will not only ensure Britain is capable of launching small satellites and scientific experiments from our own soil, but also able to take advantage of future developments like hypersonic flight and high-speed point to point transport.

The UK is already a global hub for satellite manufacturing, operation and application development. Access to space will allow companies to deploy satellites as well, making the UK a one-stop shop for satellites services and the best place in Europe to start and grow a space business. ~ op cit