Prestwick Airport has secured a launch partner for its spaceport development in a landmark deal that aims to boost Scotland’s space industry credentials.
The airport, together with its partner South Ayrshire Council, yesterday signed a Memorandum of Understanding (MoU) with Astraius, the leading UK based, commercially operated horizontal ‘air launch’ company.
It is expected that the investment in the spaceport will create up to 4,000 new jobs.
Plans are for launches of small satellites (around 10kgs each) from Prestwick to take place from 2023.
The satellites will carry out activities that include monitoring climate change, tracking deforestation and identifying illegal fishing or mining activities around the globe.
The MoU was warmly welcomed by the UK Space Agency, as well as both wider UK and Scottish Government representatives.
Scotland’s Minister for Business, Trade, Tourism and Enterprise Ivan McKee said: “The Memorandum of Understanding with Astraius as a launch partner is great news for the Prestwick Spaceport and signifies a major step towards bringing horizontal launch capability to Scotland.
“Our ambition is for Scotland to be Europe’s leading space nation and to have a £4 billion share of the global space market by 2030, whilst developing launch capability – both vertical and horizontal – to serve small satellite producers.
"The announcement today brings us a step closer to achieving our ambition and proves once again the versatility and dynamism of the Scottish space sector.”
Zoe Kilpatrick, Commercial Director at Glasgow Prestwick Airport, said: “Glasgow Prestwick Airport is perfectly positioned to become a leading provider of space launch services after being at the forefront of aviation and aerospace for almost 100 years.
“In Astraius we have identified a partner with the vision, expertise, and proven technology to help fast-track our ambition to become Europe’s premier launch location, offering spaceflight as part of a proposition that stretches beyond launch, bringing a wide range of space-related benefits to the region.
“This is both commercially exciting for the flagship element of Prestwick’s established aerospace hub and an important strategic step in developing launch capability for the UK.
"Partnering with the right service provider is critical for any launch location and Astraius is best suited to provide the required impetus and momentum to this exciting endeavour.”
Astraius Chairman, Sir George Zambellas, explained: “A revolution in space exploration and technology is underway. Satellites are transforming communication, knowledge sharing and helping to monitor the environment, whilst powering the global economy.
"Astraius exists to provide a dependable, affordable and agile means of launching the world’s next generation of small satellites. In joining with Prestwick Spaceport, we now have the partner that will allow us to make this vision a reality.”
Astraius CEO, Kevin Seymour, said: “This landmark agreement is both strategically and commercially significant. In partnering with Prestwick, we will be able to deliver on our promise to the many satellite customers looking for launch certainty.
"This is an important milestone for both Astraius and Prestwick Spaceport and will add to the development of a vibrant space sector for Scotland and the UK.”
South Ayrshire Council is a key partner in the development of Prestwick Spaceport, having secured £80m of investment for the existing Prestwick Aerospace hub - Scotland’s largest - as part of the wider £250m Ayrshire Growth Deal funding.
The £80m funding will be invested in infrastructure and is expected to create up to 4,000 new jobs.
Cllr Peter Henderson, Leader of South Ayrshire Council, said: “Prestwick Spaceport will have a hugely positive impact on local communities in South Ayrshire. Bringing a wide range of skilled jobs and a vibrant supply chain to the local area, the spaceport not only offers significant economic benefits, but will create opportunities for young people to have exciting careers.
“The spaceport, like all other Ayrshire Growth Deal projects such as a new Aerospace and Space Innovation Centre at Prestwick, will be delivered on Community Wealth Building principles.
"Based on inclusive growth, this will ensure that local people are given the chance to develop skills so they can participate in the future economy.
"The signing of this MoU today is not only a significant step for the development of Prestwick Spaceport, but for the future communities of South Ayrshire.”
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