Uk budget for Space Technology is only £10m this year

This is a written answer made in the UK parliament yesterday & shows now our government still doesn’t get space technology. I’m surprised on how much we actually do with so little government support. To be honest most members of the public wouldn’t even know how important the UK space industry really is:

Space Technology: Finance

Chi Onwurah: To ask the Secretary of State for Business, Innovation and Skills what funding he has allocated to the National Space Technology Programme in each of the last three years for which figures are available; and what the projected funding is in (a) 2012-13 and (b) 2013-14. [113837]

Mr Willetts: The National Space Technology Programme is a new UK Space Agency programme announced in the 2011 Budget to promote growth in the UK space sector. £10 million was allocated and will have been fully awarded in competition to industry by the end of 2012-13. Aided by private sector investment and support from other Government organisations, the total programme volume is expected to reach £27 million.

© Parliamentary material is reproduced with the permission of the Controller of HMSO on behalf of Parliament. Licence No: P2011000006

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