Commercial success for space tech start-ups tackling climate change.
UK start-ups at the European Space Agency Business Incubation Centre UK (ESA BIC UK) have now raised more than £200 million in equity investment collectively.
New statistics also confirm that, in addition to this, start-ups at the ESA BIC UK:
sustain over 900 highly-skilled UK jobs
contribute £51 million in gross value added (GVA) to the UK economy every year
have a 95% survival rate over five years following graduation from the programme, more than double the UK average, despite the economic uncertainties of the last few years