Government funding plays a crucial role in the space industry; it supports both emerging and established companies. In this episode, Christopher Baugh, Partner at Analysys Mason, speaks with Dallas Kasaboski, Principal Analyst at Analysys Mason, and Craig Brown, Director of Investment at the UK Space Agency (UKSA). They discuss why government support is essential for the health of the space sector and how it is deployed, including grants, subsidies, contracts and other mechanisms.
The conversation explores:
current government support initiatives for the space industry in the UK and how they are deployedwhich organisations benefit most from government funding and why commercial markets still require supporthow government intervention supports start-ups as they scale and work towards sustainabilitythe role of public funding in helping companies to raise private investmentthe outlook for space security and defence programmes in the current geopolitical climatehow funding aligns with the various stages of technology developmenthow private-sector space companies should approach and use government support.This episode also provides insight into how public-sector support influences space market growth, investment and long-term sustainability.