Thursday 08 June
14:20 - 15:05 | Future of Space Theatre
Citizens of Space
Space offers the UK economy significant opportunity to grow and continue as a world leader in this sector. The investment from the UK Space Agency, private sector and other Government departments has resulted in a vibrant supplier market now maturing rapidly offering products and services commercially attractive to all sectors, including the public sector. Currently the market is worth around £16.4 billion pounds a year to the UK and employs roughly 45,000 people. The Government goal is for the UK economy to represent 10% of the global market in Space by 2030 which would equate to £50 billion pounds. The plan as to how to do this is by making space and geospatial services affordable, accessible and by promoting collaboration and further investment in talent and infrastructure in the area.
The Geospatial services agreement is unique because it is the first agreement of it’s kind within the UK that is solely focused on building a mass market for space services by bringing together suppliers with world leading expertise and customers who would benefit from their services. The agreement will bring significant economic, social and environmental opportunity to the UK as well as driving improved public services, cost savings and enhancing the UK’s position as a global space and geospatial leader with significant expertise.
Listen to senior supply chain representatives for the CCS around the full the procurement journey, understand an expert view of space supply chain procurement and opportunities, exploration of processes, best practice, with an opportunity to ask the experts your questions.