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Government explores plan to open £160 million satellites fund

£160 million satellites fund

A potential £160 million scheme to fund next generation of satellite communications development and boost UK’s leadership in ever-growing global satellite market.

British innovators working to revolutionise 5G and broadband coverage for every corner of the UK could be in line to secure up to £160 million from a scheme to deliver the next generation of high-tech satellites, Science and Technology Secretary Michelle Donelan has announced.

LEO satellites represent the next generation of space technology, offering unparalleled resilience and resistance to disabling attempts. Their vital importance was demonstrated during Russia’s illegal invasion of Ukraine, when they ensured continuous and reliable connectivity, even in the most challenging circumstances. The Connectivity in Low Earth Orbit scheme (CLEO) would build on our country’s established and growing satellites industry by providing UK researchers and businesses with critical support to drive the development of new constellations.


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