How do you turn an ambitious space tech start-up into a 'space unicorn' generating £10 million in revenue?
In this bonus episode, Dallas Campbell and Mark Saxon, Chief of External Affairs at the Satellite Applications Catapult, drill into the mechanics and importance of the UK's Industrial Strategy. Mark breaks down why space is a vital 'frontier industry' nested within the broader Advanced Manufacturing sector and what this means for business owners. The strategy, a core mission to grow the economy, is already delivering, with government securing over £250 billion in investment into the IS-8 sectors since July.
The conversation reveals where the money is, including £135 million in traditional UK Space Agency funding and increased innovation procurement funds for the defence sector. Mark explains the vital role of patient capital from the British Business Bank and the National Wealth Fund, which is specifically directed to help space companies grow. Ultimately, this strategy aims to make the UK a leading exporter of space technology and data.
If you’re a founder, investor, or policy professional in the space, AI, or quantum technologies, this is your map to the future of the UK space economy.
Mark Saxon: Mark Saxon is the Chief of External Affairs at the Satellite Applications Catapult. With over two decades of experience in corporate communications, government relations, and policy, Mark leads the Catapult's external engagement, clusters, and critical business growth functions to support companies from start-up to scale-up.
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