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Written Evidence Submitted by RAND Europe
RAND
2025.10.13
The UK has stated a policy ambition to claim a 10% share of the global space market, as well as to capture wide-reaching social, economic and security benefits for the UK from space. The UK has recognised strengths in certain industrial niches, such as small satellites, telecommunications, or In-Orbit Servicing and Manufacturing (IOSM), as well as scientific strengths in areas such as space weather and instrumentation. It also plays an important role in shaping international space governance, such as through its leadership in the UN OEWG initiative, contributions to Committee on the Peaceful Uses of Outer Space (COPUOS) and Prevention of an Arms Race in Outer Space (PAROS), and collaborations such as the Combined Space Operations (CSpO) Initiative and Artemis Accords.