Space Industry (Indemnities) Bill

Martin Rhodes Excerpts

Friday 7th March 2025 Commons Chamber

[Martin Rhodes (Glasgow North) (Lab)]

I declare an interest as a member of the all-party parliamentary group for space. It is perhaps fitting that a week after the planets aligned in the night sky for the first time in 360 years, this House is considering legislation that could help the UK’s thriving space industry.

Almost a fifth of UK jobs in the space sector are based in Scotland. Scotland’s space sector leads in small satellite manufacturing. Glasgow builds more small satellites than any other place in Europe. Scotland is also the data-driven capital of Europe, hosting more than 170 data science companies. I commend the efforts of my hon. Friend the Member for Glasgow East (John Grady) in his Bill, which would remove barriers to spaceflight activities in Scotland and the UK as a whole, growing the space launch sector.

The Bill helps to demonstrate how specific measures supported by the UK Government in reserved matters can help developing industries in Scotland and the UK to grow and prosper. Just as engineers need certainty in their calculations for successful space launches, companies need certainty to be comfortable when investing in an industry. This Bill, by providing an operating liability cap for spaceflight operators, would deliver the legal certainty for the space sector to know the up-front maximum amount they could be liable for. That would reduce uncertainty and make it easier for them to secure insurance coverage.

I am aware that talk of insurance and liability is not as interesting as spaceflight itself, but they are, none the less, important for the development of the sector. The Bill signals that it is a growth sector that we are willing to support and to be in dialogue with. It was informed by a consultation on spaceflight liability, insurance and charging by the previous Government. My hon. Friend’s Bill would help reduce the financial risk for those businesses and would align the UK with international standards, thus making it a more attractive location for space companies to invest and operate in.

Overall, the Bill would mean more space flights out of Scotland and the rest of the UK, more innovation, and more well-paid jobs. Supporting growth in the space sector would also see a network effect across my city of Glasgow and further afield. My constituency of Glasgow North is home to the University of Glasgow, which houses the expertise, skills and talent that not only benefit the sector already, but serve as a vital pipeline for its future growth.

Glasgow has long been a hub for small satellite design and manufacturing, with Scotland holding the title of the second largest producer of satellites after the United States of America. In the Glasgow North constituency, the West of Scotland science park and the Skypark in Finnieston further strengthen that ecosystem, hosting manufacturers and research and development sites that support everything from rocket launchers to small satellite spacecraft. Those facilities play a crucial role in driving innovation and providing high-quality skilled jobs, reinforcing Glasgow’s position at the forefront of the global space industry.

I urge colleagues to support the Bill to help the space industry achieve the legal certainty around liabilities that it needs to continue to thrive and source investment. With that growth, we can help deliver jobs and prosperity for Glasgow, Scotland and the rest of the UK. I congratulate my hon. Friend on bringing the Bill to the House, and I am pleased to support it.