The British government intends to build infrastructure in space. This is done by pouring investment of US $ 12.5 million for the construction of shuttles fro and other space-related purposes. As reported by CNBC, Sunday (12/02/2017), the investment of large amounts given to companies engaged in the field of space flight rework station as low Honey and technology. This technology is planned to be used by the British in 2020.
ScienceLovers - The British government intends to build infrastructure in space. This is done by pouring investment of US $ 12.5 million for the construction of shuttles fro and other space-related purposes.
As reported by CNBC, Sunday (12/02/2017), the investment of large amounts given to companies engaged in the field of space flight rework station as low Honey and technology. This technology is planned to be used by the British in 2020.
Investments provided as part of the UK government's intention to control a greater share in the field of space technology. Aerospace industry is expected to continue to grow and to have a value of US $ 31 billion in the next 20 years.
Some companies are expected to participate in the auction to win the investment fund. The British government is willing to finance various development technologies including space tourism and anti-gravity technology.
"There is no limit costs to be awarded the UK Government to assist the development of space projects. But for a project that requires more than 10 million pounds sterling will be imposed special conditions," said the representative of the British government in a press statement.
Minister of Research Technology and Higher Education Jo Johnson said that the government's focus on space technology is one of the main pillars to sustain the industry and the creation of new employment.
"Space technology can give England a chance to build strength in the fields of research, science and innovation. We want to see this sector is well developed, which is why we provide assistance in terms of investment," he said.
In the same occasion, the British government is also preparing new regulations in terms of the development of space technology.