UK awards $1.9 million in development grants to universities and private companies
The space agency of the United Kingdom today announced the award of nearly $1.9 million in grants to six universities and two private companies to do a variety of space engineering research.
The stated goal of the grants is to encourage the growth of a private space sector in the UK, as stated by one official in the press release:
Today’s funding is part of the government’s strategy to use our £5 billion investment in space science and technology to grow our £16.5 billion commercial space sector to create the businesses, jobs and opportunities of tomorrow, and the space clusters from Cornwall to Scotland.
The university research from these grants will thus hopefully produce viable products that the researchers can then use to establish private space companies.
The space agency of the United Kingdom today announced the award of nearly $1.9 million in grants to six universities and two private companies to do a variety of space engineering research.
The stated goal of the grants is to encourage the growth of a private space sector in the UK, as stated by one official in the press release:
Today’s funding is part of the government’s strategy to use our £5 billion investment in space science and technology to grow our £16.5 billion commercial space sector to create the businesses, jobs and opportunities of tomorrow, and the space clusters from Cornwall to Scotland.
The university research from these grants will thus hopefully produce viable products that the researchers can then use to establish private space companies.