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<p>The UK has a strong space industry, which was worth over £17.5 billion in income
to the UK in 2022 alone. Space exports are valued at £5.9 billion to the UK economy,
and although there is no precise figure for military space exports, UK Defence and
Security Exports estimates that UK companies are currently competing for exports totalling
around £4.4 billion to be delivered between now and 2030, which will continue to grow.</p><p>
</p><p>Recognising the importance of the space to the UK's economy, we deliberately
develop and retain skills in the UK as part of our space capabilities. For example,
through the social value component of our procurement of the SKYNET secure satellite
communications programme, which is largely designed and manufactured in the UK. In
addition, UK Space Command is developing the UK Space Academy to enhance space training
for both Government and industry.</p><p> </p><p>Skills will also be an important theme
in the forthcoming plan for the space sector which will be published soon by the Department
for Science, Innovation and Technology in close consultation with Defence.</p>
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