UK Space Agency announces £65m innovations funding

UK Space News

On 28 September 2023 the UK Space Agency announced up to £65 million of funding for ground-breaking innovations to boost UK leadership in space technologies and applications.

The National Space Innovation Programme is the UK Space Agency’s dedicated funding programme to support the development of innovative projects.

The NSIP provides an opportunity to develop novel and valuable commercial innovations that could help tackle challenges such as climate change and space sustainability.

Since launching in 2020 the NSIP has provided UK organisations with over £25 million in funding, including Earth observation satellites to gain insights into energy use and help reduce emissions.

“The National Space Innovation Programme will support the UK’s most ambitious space technology projects and their potential to address real-world challenges, to catalyse investment, deliver new missions and capabilities, and harness the power of space to improve lives.”

— Dr Paul Bate, Chief Executive of the UK Space Agency

The first tranche of £34m funding is open to proposals that will drive innovation, accelerate the route to market, and catalyse investment into the UK space sector.

The remaining £31m funding will be split across calls in 2024 and 2025 with projects running until March 2027.

Learn more