Plans to open a new spaceport in Scotland have moved closer to final approval after property developers working on the deal have signed a 75-year lease.
The land to be used for Space Hub Sutherland will launch small satellites via private services from companies including Lockheed Martin and micro-launch startup Orbex.
The lease is still dependent on final approval being given for the spaceport to be built, from groups including the UK Space Agency, which is in the process of working out the designs, funding and environmental impact studies.
All of this will contribute to an overall planning application, which the partners are hoping will pave the way for construction to begin in 2020.
Sutherland isn’t the only spaceport the UK is looking at in an effort to open up its commercial launch capabilities, with plans for one in Cornwall, with support and funding from Richard Branson’s Virgin Orbit.
Latest News
-
Frasers Group integrates agentic AI ecommerce suite with new partnership
-
AWS outage disrupts global apps and services as engineers investigate root cause
-
Lloyds Bank says 93% of staff using Copilot tools
-
Record labels collaborate with Spotify to build AI music products
-
Cellnex sells French data centre unit for €391m
-
Lidl integrates payments feature in rewards app
The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.
The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories