UK Space Agency (UKSA), founded in 2010, currently operates as an executive agency within DSIT and supports an ecosystem of investors, scientists, engineers, academia and research labs. The sector generates an estimated annual income of £18.9bn and the UK space industry employs 52,000 people. UKSA catalysed at least £2.2bn of investment and revenue for the UK space sector in 2024/25. The agency's aims include catalysing investment, delivering missions to meet national needs, advancing understanding of the Universe, and championing space to enable greener, smarter services. UKSA will transfer into DSIT in April 2026 to reduce duplication, cut bureaucracy, align policy and delivery, retain its name and brand, and encourage investment by addressing regulatory bottlenecks.
Founded in 2010 and currently operating as an executive agency of DSIT, the UKSA works to create an ecosystem comprising investors, scientists, engineers, academia and research labs to capitalise on a sector that it calculates generates an annual income of £18.9bn. The agency's stated aims include catalysing investment to advance space-based technology and maximise UK space sector growth; delivering missions and capabilities that responsibly meet national needs and advance our understanding of the Universe;
The change is planned for April 2026, and is designed, said DSIT, to bring together the people who shape space policy and those who deliver it, cutting duplication, reducing bureaucracy and putting public accountability at the heart of decision-making. The unit will keep the UK Space Agency name and brand, and be staffed by those from both the agency and DSIT.
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