The Satellite Applications Catapult aims to become a world-class centre for the development and commercial exploitation of space and satellite-based products, services and applications.
It is a world-leading technology and innovation centre of excellence -- an initiative strongly supported by UK government -- set up to help businesses take innovative ideas through to commercialisation.
The UK space sector is increasingly recognised for its significant contribution to the UK economy, based upon its commitment to excellence and innovation. It already commands a 7% share of the global space market, and has ambitions to grow significantly to secure an even greater stake as the market swells to a predicted value of £400 billion by 2030.
The Harwell, Oxfordshire-based Satellite Applications Catapult will be at the forefront of the UK space industry's growth plans and investment, with aims to capture 10% of the fast-growing growing global space market, a 3% rise on the current share enjoyed by the UK.
The Satellite Applications Catapult brings invaluable resources, including expertise and new facilities, to enable the best businesses, researchers and end-users to work together, and with the Catapult, to develop new satellite-based products, services and applications.