top of page

STFC celebrates £200 million raised by space tech start-ups

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

Read more here.

Other Science, engineering & technology news

bottom of page