UK space faces investment freeze, industry warns
Briefly

Regulatory delays - rather than technical failures - are set to threaten the UK commercial space launch industry, a committee of MPs heard yesterday, as the industry described a "toxic" environment for investment.The result of "jarring" interactions with Blighty's Civil Aviation Authority (CAA) was that it cost more to license satellites in the UK than it did to launch them, said Joshua Western, CEO of Space Forge, the Welsh satellite maker whose hardware missed orbit in the failed Virgin Orbit launch from Cornwall in January.
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