Momentous first year of the UK Space Agency - Annual Report and Accounts 2011-2012
19 Jul 2012
The first UK Space Agency Annual Report and Accounts (2011-2012) has been published and was laid before the House of Commons on Monday 16 July 2012.
Artist's impression of an European GNSS satellite
Credit: OHB-System-AG
The report marks a year since the Agency became a full executive agency of the Department for Business, Innovation and Skills. It outlines the activities and achievements of each directorate and sets out the financial position and performance for the year. The Agency is involved in a wide range of activities which include:
- funding allocation to encourage technological innovation;
- licensing for spacecraft;
- exploring the potential for satellite broadband in the UK.
Various other collaborative work has been undertaken in order to fulfil long term objectives arising from the mission statement:
"To work at the heart of the UK efforts to explore and benefit from space. To provide funding for a range of programmes and work closely with national and international academic, education and community partners."
The UK Space Agency has established itself over its first year and is now in a strong position to oversee the funding and management of UK space activities.
Download the full Annual Report (PDF, 2.6 Mb) .
