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Prestwick Spaceport Moves Closer to Lift Off

Prestwick Spaceport Signing Event

Developments for Prestwick Spaceport took a giant leap forward yesterday as a landmark deal was signed between South Ayrshire Council, Glasgow Prestwick Airport and a launch partner, which will boost Scotland's space industry ambitions and create an important strategic asset for the UK.

A Memorandum of Understanding (MoU) is now in place with Astraius, the leading UK based, commercially operated horizontal 'air launch' company, whose technology allows the release of a rocket carrying small satellites from high altitude. These satellites - some of which are no larger than a shoebox - can be used to access 'Low Earth Orbit' (LEO) to carry out activities such as monitoring climate change; tracking deforestation; and identifying illegal fishing or mining activities around the globe.

South Ayrshire Council is a key partner in the development of Prestwick Spaceport after securing £80m of investment for the existing Prestwick Aerospace hub - Scotland's largest - as part of the wider £250m Ayrshire Growth Deal funding. The £80m will be invested in infrastructure and is expected to create up to 4,000 new high-quality jobs.

The Ayrshire Growth Deal is a partnership being driven forward by the Scottish Government, the UK Government, and East, North and South Ayrshire Councils. The Deal was signed in November 2020, securing £251.5 million investment to realise Ayrshire's potential and become a world-class business region for the aerospace and space, energy, marine, manufacturing and tourism industries. This investment is expected to unlock private investment of around £300 million and deliver around 7,000 new jobs across a wide range of sectors, transforming the local economy.

The £80 million investment in the Aerospace and Space programme at Prestwick will position Ayrshire as one of the UK's leading centres of aerospace and space activity, involving four key projects: Spaceport Infrastructure, Commercial Build, Roads Infrastructure and the Aerospace and Space Innovation Centre.

The global satellite market is booming, and yesterday's announcement will substantially bolster Scotland's space industry ambitions. Glasgow already manufactures more small satellites than anywhere in the world outside of California, while Edinburgh has positioned itself as the space data capital of Europe, leading on the analysis of space derived data to bring a range of benefits to a variety of business sectors, the environment and wider society.

The design, infrastructure and launch capabilities at Prestwick Spaceport also represent an important strategic asset for the UK. Prestwick has particularly strong transport links, a more than favourable climate for regular launches and a strong heritage of innovation and engineering expertise. The spaceport forms a key part of a growing ecosystem of companies and talent that will act as a catalyst to stimulate economic activity around space, boosted by multi-million-pound Ayrshire Growth Deal funding.

Leader of South Ayrshire Council, Councillor Peter Henderson 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 is not only a significant step for the development of Prestwick Spaceport, but for the future communities of South Ayrshire."

The MoU was warmly welcomed by the UK Space Agency, as well as both wider UK and Scottish Government representatives.

UK Government Minister for Scotland, Iain Stewart said, "This is a giant leap for Prestwick and the UK to delivering a horizontal launch spaceport and boosting our growing space industries.

"Through the Ayrshire Growth Deal the UK Government is investing £32 million in the aerospace and space programme, which is bringing new jobs and businesses to the area. Across Scotland we are investing more than £1.5 billion in region deals, helping communities to build back better from the pandemic."

Scotland's Minister for Business, Trade, Tourism and Enterprise Ivan McKee stated, "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."

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