The British space industry is struggling to attract graduates in math, physics, and engineering because competing sectors, particularly banking and finance, are offering substantial salaries. Experts, including Prof. Brian Cox and Dr. Heidi Thiemann, highlight the urgent need for the UK to secure its place in a projected $1.8 trillion global space market by 2035. Additionally, they pointed out that necessary skills are transferable to other industries, making competition stiff. The situation is exacerbated by a shortage of math and physics educators, hindering the development of a skilled workforce.
The UK space sector is struggling to attract graduates due to competing industries, particularly banking, offering significantly higher salaries.
Dr. Heidi Thiemann noted that many necessary skills in the space sector are not specific to it, making competition fierce across other sectors.
Professor Lucy Berthoud stated that aerospace engineers earn significantly less than their counterparts in banking or finance, prompting graduates to leave the industry.
A shortage of math and physics teachers complicates the UK's ability to cultivate a strong pipeline of talent for the space industry.
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