Space is a fundamental part of our economic future | News | Newable

Space is a fundamental part of our economic future

18th July 2018

Science Minister Sam Gyimah gave a statement today on the government's space policy, focusing on the leading international opportunities.

Space is a fundamental part of our economic future

This week, the government launched the 2018 space survey, with A'Mhoine in Scotland to host the UK's first space port to launch satellites into polar orbit.He says "space is a fundamental part of our economic future".

There is excitement in the sector, he says, which is an opportunity for the UK to thrive.

Whilst the House has this week has been focused on Brexit, he says "space is an area where we are leading new international partnerships".

At Newable, we’ve been supporting the Space sector through our NPI Space Tech programme since 2017.

The programme is organised under the UK Space Tech Angels (UKSTA) initiative, devised and delivered by Newable Private Investing, in conjunction with the £80m Seraphim Space Fund

In the past year, the Newable Private Investing Team have delivered 4 company pitching events, 3 Investor workshops and invested over £7m in 10 space tech companies, with over £2m Co-investment from the European Space Agency.

For more information on our Space Tech programme or for upcoming events, please visit our website.

 Newable Ventures Limited (FRN 795277) is an Appointed Representative of Larpent Newton & Co Ltd. Larpent Newton & Co Ltd is authorised and regulated by the Financial Conduct Authority, FRN 141275.
Neither Newable Capital Limited nor Newable Private Investing Limited are Authorised and Regulated by the Financial Conduct Authority. Risk warning: Your capital is at risk. Investing in early stage companies involves risks including loss of capital, illiquidity, lack of dividends and dilution. Newable Ventures Limited does not give tax or investment advice.
The availability of tax relief depends on individual investors’ circumstances, and on investee companies’ qualifying status, both of which may be subject to change. If you are in doubt about eligibility for tax reliefs or the tax treatment of your investment, you should seek independent tax advice.