UK Space Agency targets increased market share
The UK Space Agency has outlined desires to increase its share in the global space economy from 6.5% to 10% by 2030.
In a report dubbed the ‘Space Growth Action Plan’, the agency reinforced its 2010 ‘Space Innovation and Growth Strategy’ (IGS) by outlining some main recommendations while also setting interim economic targets.
‘This report reaffirms our ambition to grow and identifies the new actions that are needed to deliver further growth,’ the paper explains. ‘These actions underpin the target set in 2010- To grow the UK’s share of the world’s space economy from 6.5% to 10% by 2030.
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