Government explores plan to open £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.

Image
Boost for broadband and 5G coverage revolution rollout as government explores plan to open £160 million satellites fund

The government is working to establish a potential £160 million scheme to fund the next generation of satellite communications development and boost the UK’s leadership in the ever-growing global satellite market. 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. The development would mark the UK’s most significant ever investment in satellite communications, unleashing our country’s potential to become global giants of the satellite industry while creating hundreds of highly skilled jobs to boost the Prime Minister’s priority of growing our economy.

CLEO would aim to deliver the R&D needed to support the launch of hundreds of satellites into space, revolutionising the UK’s communication infrastructure and closing connectivity gaps.

Please find more information in the press release and we have also published content across our social media channels, including Twitter.

In addition, the UKSA will be hosting a webinar on 10 August, to update on the CLEO programme announcement. You can register to attend here.

We recognise your recent work to support the development and launch of the up to £100m Future Telecoms Mission Fund, where the 'Network of Network' elements will have some focus on satellite connectivity. DSIT will ensure these interventions are complimentary, and encourage cooperation between space/sat comms sectors and relevant areas of the UK's current and future telecoms sector. We welcome your continued support to maximise the potential for both funds - though the Future Telecoms Mission Fund should be commencing much sooner.

Share article