Prestwick airport and South Ayrshire Council have signed a memorandum of understanding (MoU) with Astraius, a UK/US small and medium satellite launch company.
The agreement brings together proven horizontal launch technology 鈥� which allows the release of a rocket carrying small satellites from high altitude 鈥� with a spaceport development.
Satellites no larger than a shoebox are frequently sent into low earth orbit (LEO) to carry out activities that include monitoring climate change, tracking deforestation and identifying illegal fishing or mining activities around the globe.
Prestwick Spaceport, on the west coast of Scotland, has already secured 拢80m funding through the Ayrshire Growth Deal as it seeks to become the leading horizontal launch spaceport in Europe. The spaceport is now setting out to create a space supply-chain network.
The MoU with Astraius is seen as significant by both the national and regional governments. The Scottish government鈥檚 business minister, Ivan McKee, said: 鈥淥ur ambition is for Scotland to be Europe鈥檚 leading space nation and to have a 拢4bn share of the global space market by 2030, whilst developing launch capability 鈥� both vertical and horizontal 鈥� 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.鈥�
Zoe Kilpatrick, commercial director at Glasgow Prestwick Airport, said: 鈥淭his is both commercially exciting for the flagship element of Prestwick鈥檚 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.鈥�
Astraius chief executive Kevin Seymour added: 鈥淭his 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.鈥�
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