Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what recent assessment she has made of the contribution of the space industry to the economy.

The UK space sector plays a significant role in the UK economy. Data from the latest Size and Health of the UK Space Industry, published in August 2024, indicate that the UK space industry has more than double UK average productivity, and global satellite services underpin approximately 18% of the UK’s GDP. The UK space industry has 1,900 companies and makes £18.6 billion in revenue each year. The industry has a workforce of 55,600 that is exceptionally highly qualified, with 70% holding at least a primary degree.