Space Technology
(asked on 15th January 2018) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what sum his Department has spent on the UK space sector since 2010.
The UK Space Agency was established on 1 April 2011.
The net operating expenditure for the period is £2.253bn, between the Agency’s establishment, up to and including the 2017/18 budget allocation.
Financial year | 2011/12 | 2012/13 | 2013/14 | 2014/15 | 2015/16 | 2016/17 | 2017/18* | Total |
Net operating expenditure | 256 | 237 | 323 | 316 | 350 | 371 | 399 | 2,253 |
*Budget allocation for the financial year |
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Key segments of investment are subscriptions to the European Space Agency (ESA) which results in ESA expenditure with UK companies under the ‘juste retour’ policy, National Programme grants and other International Partnerships e.g. ODA delivered through UK companies.
Further information can be found in the published UK Space Agency Annual Report and Accounts for each financial year.