Business Baron

Satellite & Space Launch

Satellite & Space Launch: Small satellites, and rockets to put them up. The Space Industry Act 2018 made it possible to license a rocket launch from British…

Small satellites, and rockets to put them up. Put a satellite in orbit from a British launch site.

The Space Industry Act 2018 made it possible to license a rocket launch from British soil, and a clutch of spaceports and small launch firms followed. The money is in satellites and the data they send down as much as in the rockets, and the customers are governments, telecoms firms and scientists. Every launch is a licensed, insured and very public event, and one failure can end a company.

Setup costs
£5,000,000 to £60,000,000
Competition
Medium
Category
Aerospace & Defence

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