Opened the debate
The UK space sector has grown rapidly since its inception, with SaxaVord spaceport in Shetland set to be a significant player. However, there is competition between different parts of the sector, which could impact future success. The spaceport secured £10 million in convertible loan funding from the Government and needs further support to complete infrastructure for potential launches. There have been successful engine tests at SaxaVord but recent issues with Rocket Factory Augsburg highlight the need for robust procedures.