WiredGov Newswire (news from other organisations)
UK Space Agency - The wider benefits of space investments for the UK economy
Investments in space programmes bring significant benefits for society, a new report shows.
- Spillovers in the space sector report (PDF, 922KB, 57 pages)
- Economic evaluation of the Space for Smarter Government Programme report (PDF, 592KB, 25 pages)
Every £1 of public spending generates £3-4 in value for the recipients in the space industry, with additional wider spillover benefits to the UK economy.
The demanding environment of space means that investments in space generate new knowledge and innovations that extend far beyond the space industry. For example, satellites provide services that enable a wide range of economic activities, supporting industries worth £300 billion to the UK.
The “Spillovers in the space sector report” was carried out by London Economics on behalf of the UK Space Agency. This report reviews the evidence of spillovers in the space industry and assesses the impact of several programmes that have received Agency funding.
The report looks at a number of programmes, including:
Synergistic Air-Breathing Rocket Engine (SABRE)
The UK government committed £60 million of funding to support the development of Reaction Engine’s unique SABRE concept. This is underpinned by a pre-cooler heat exchanger that can cool an incoming stream of air from 1000 °C to – 150 °C in one hundredth of a second. This heat exchanger has applications in a number of markets that also have extreme thermal management needs. Examples include: pre-cooling technology for high-performance automotive; industrial heat recuperation; battery cooling systems; and cooling systems for power stations.
A mission to search for life on Mars, with the UK leading the build of the ‘Rosalind Franklin’ Mars rover. The project developed advanced welding techniques that are now being used to manufacture aluminium cans, saving 12% on raw materials, or £100m in total.
Potential spilllovers include the development of buggies for airport transport which could contribute £10m to UK GDP and navigation sensors in areas with no access to satellite positioning and navigation technologies, which could contribute £7.2m to UK GDP.
Space for Smarter Government Programme (SSGP)
This is a UK Space Agency programme that aims to promote the uptake of space products and services in government and the wider public sector. One example is the ‘Air Quality Hotspot Mapper’ project developed by the University of Leicester and later exploited by its spin-out company, EarthSense.
The spillover benefits included EarthSense data being used to underpin the BBC’s free-to-use ‘MappAir’ service which provides postcode level data on traffic pollution, which was used by 2 million users within the first 48 hours of launching.
EarthSense’s air quality data can also be used to reduce emissions and increase the sustainability of logistics activities for companies.
National Space Technology Programme (NSTP)
This is the Agency’s national capability programme that provides funding to organisations looking to develop space technologies. The second phase of the programme funded 120 projects, with awards totalling £8.4 million. Finding has supported the progression of R&D from early / proof of concept stage towards the end goal of commercialisation. As a result, 80% of project leads were able to report that their project has been de-risked to some degree.
These case studies highlight the critical role of UK grant funding and how, by solving the difficult design challenges of the space environment, space programmes have an important role to play in improving existing technologies on Earth.
The research also found the positive spillover of space projects are usually seen after 3-5 years, with impacts realised sooner for companies providing downstream services or contract manufacturing services, and longer for companies developing their own products.
The UK Space Agency has also published a report into its Space for Smarter Government Programme (SSGP), which found its projects could support over £40 million in potential annual benefits to the public sector, in terms of operational cost savings (£27.8 million), exceptional cost avoidance (£9.2 million) and catalytic benefits (£4.1 million).
A previous study by London Economics found that the UK gets a £9-16 return to the economy for every £1 of Government investment in the European Space Agency, with £6-12 of this accounted for by spillover benefits to the wider economy.
Latest News from
WiredGov Newswire (news from other organisations)
Survival International: Indian government scraps “dangerous” forest law after outcry18/11/2019 09:15:00
The Indian government has scrapped a plan to militarize its forests and open them up for commercial exploitation, after a national and international outcry.
Unite: Frimley NHS trust staff strike for 2 days over hived-off ‘tax avoiding’ company15/11/2019 16:05:00
A ‘human chain’ to save the NHS and a rally are key features of a two day strike by staff at Frimley Health NHS Foundation Trust who face being transferred to a wholly owned subsidiary (WOS) designed to avoid paying tax.
CBI responds to latest women on boards data15/11/2019 11:05:00
The CBI has responded to the data from the Hampton-Alexander review, which looks into increasing the number of women on boards and in senior leadership positions across the FTSE 350.
LGA - Child abuse linked to witchcraft rises by a third, councils reveal14/11/2019 16:40:00
The number of children in England identified by councils as having been abused for reasons associated with witchcraft have risen by a third in the past three years, the Local Government Association reveals today.
CIPD - Positive progress masks ongoing challenges for women in reaching the top of UK businesses14/11/2019 15:40:00
The CIPD responds to the latest findings of the Hampton-Alexander Review
NHS Confederation - Labour’s mental health focus continues momentum, says Mental Health Network14/11/2019 14:40:00
Sean Duggan, chief executive of the Mental Health Network, which is part of the NHS Confederation, responded to the Labour Party’s election pledge for NHS funding
LGA responds to Sustain report on junk food planning policies14/11/2019 13:40:00
Cllr Ian Hudspeth, Chairman of the Local Government Association’s Community Wellbeing Board, responded to a report by Sustain on the need for new planning policies to restrict new hot food takeaways near schools
Citizens Advice top tips for safe and savvy consumers on Black Friday14/11/2019 12:40:00
In the last year, Citizens Advice consumer service has dealt with almost half a million consumer-related issues like faulty washing machines, undelivered parcels and fake designer goods. Over 50,000 of these were during November 2018, by far the busiest month for the consumer service.
FRC: Future of Corporate Reporting Survey (2 days to respond)14/11/2019 12:15:00
A reminder that the FRC’s Future of Corporate Reporting Survey closes on 15 November.