Satellite launch company RFA UK (Rocket Factory Ltd) has received £3.5 million to support its plans to launch from SaxaVord Spaceport. The funding was awarded by the UK Space Agency as part of the European Space Agency (ESA), Boost! Programme, which aims to help innovative companies develop new launch technologies and bring them to market. The announcement comes as UK science minister George Freeman visited SaxaVord Spaceport to see progress at the site and meet key members of the project team. RFA UK and SaxaVord Spaceport anticipate around 90 skilled jobs will be created locally when the spaceport reaches full operational capability including spaceport operations and administration, integration, testing and launch.

Source: The Times October 28, 2023 05:52 UTC