£3.5m funding boost for SaxaVord Spaceport client

Satellite launch company RFA UK (Rocket Factory Ltd) has received £3.5 million to support its plans to launch from SaxaVord Spaceport.

The funding was awarded by the UK Space Agency as part of the European Space Agency (ESA), Boost! Programme, which aims to help innovative companies develop new launch technologies and bring them to market.

The announcement comes as UK science minister George Freeman visited SaxaVord Spaceport to see progress at the site and meet key members of the project team. 

RFA UK and SaxaVord Spaceport anticipate around 90 skilled jobs will be created locally when the spaceport reaches full operational capability including spaceport operations and administration, integration, testing and launch. 

Mr Freeman said: “This £3.5 million investment will enable RFA UK to develop the technologies necessary to launch from SaxaVord Spaceport in Scotland, creating dozens of jobs locally and growing the Scottish cluster as a key part of the UK space sector.”  

SaxVord Spaceport deputy chief executive Scott Hammond said: “We are delighted that the UK Space Agency has awarded this funding to our client to help them progress towards launch from our site in Unst, the UK’s first vertical launch spaceport.”


Get Latest News in Your Inbox

Join the The Shetland Times mailing list to get one daily email update at midday on what's happening in Shetland.