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<p><ins class="ministerial">The National Space Strategy, published in 2021, set out
how the Satellite Applications Catapult would support commercialisation and translation
of space technologies in the UK by providing access to world-leading facilities, skills,
and equipment.</ins></p><p>In the Autumn Statement 2022, the Government confirmed
funding of £1.6 billion for the <ins class="ministerial">UK's nine Catapults</ins>
<del class="ministerial">Satellite Application Catapults</del> for the next five years,
from April 2023 to March 2028, which is a 35 per cent increase compared to the previous
five <ins class="ministerial">years of funding.</ins> <del class="ministerial">years.</del></p><p>
</p><p><del class="ministerial">Catapults support innovation and commercialisation
by providing access to world-leading facilities, skills, and equipment across the
UK.</del></p><p> </p><p><del class="ministerial">Each of the UK's nine Catapults are
funded by Innovate UK to drive innovation and commercialisation at the interface between
universities and business.</del></p><p> </p><p>The Satellite Applications Catapult
core grant funding figures for 2018-2023 are as follows:</p><p> </p><table><tbody><tr><td
rowspan="2"><p>Core funding by Catapult (FY18/19 – FY22/23)</p></td><td><p>2018/19</p></td><td><p>2019/20</p></td><td><p>2020/21</p></td><td><p>2021/22</p></td><td><p>2022/23</p></td><td
rowspan="2"><p>Total £m</p></td></tr><tr><td><p>£m</p></td><td><p>£m</p></td><td><p>£m</p></td><td><p>£m</p></td><td><p>£m</p></td></tr><tr><td><p>Satellite
Applications</p></td><td><p>11.00</p></td><td><p>12.00</p></td><td><p>11.90</p></td><td><p>15.20</p></td><td><p>18.40</p></td><td><p>68.50</p></td></tr></tbody></table>
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