UK urged to seize space economy opportunities | Cryogenics & Cryogenic Solutions
The UK should act now to secure its place at the forefront of the new global space race, says a UK government-commissioned report out today. The report, by the cross-party House of Lords UK Engagement with Space Committee, is called The Space Economy: Act Now or Lose Out. It states that space and satellites are transforming lives, and dramatic falls in launch costs, coupled with rapid innovation in satellite design, have opened a new frontier which promises economic, scientific, and security benefits for a range of sectors, including industrial gases, which are crucial to every single space launch. Among the recommendations to the government are: Provide clear strategic direction by publishing detailed, funded delivery plans for national space capabilities Prioritise multi-use technologies by investing in systems that serve both national security and commercial growth Appoint a… Read More »UK urged to seize space economy opportunities | Cryogenics & Cryogenic Solutions