Presentations from techUK Space Exports Forum

1. Space in the UK,
The commercial benefits of innovating in the UK

2. Space - The commercial benefits of innovating in the UK
DIT Space Team
HQ
Julian Mann – Head of Space Sector Team and FDI Lead
Charlotte Riley – Space Exports Lead
Ian Encke – Space FDI Specialist
Overseas Posts
US and Med Region
Investment Services Team
Assigned project managers
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3. 3
APPROACH
1.Continue to develop relationships with existing major foreign space and satellite companies
already based in the UK to encourage them to deepen their presence in the UK.
2.Identify those global companies without a UK presence that could match future growth
opportunities and develop relationships through Post to encourage them to invest.
3.Identify countries with potential as sources of space investment, but where we are not
working strategically on space FDI and invest resources to help develop relationships and thus
a pipeline.
4.Develop market-specific marketing and event plans to support our FDI efforts.
FDI Outline Strategy
AIM
To attract High Value FDI to support the UK Government and Industry
ambition to grow the UK Space Industry to £40bn by 2030 (10% of global
market)

4. 4
DIT Space FDI Campaigns
• Growing pipeline of active projects built over past three years
• Target of 11 FDI wins (compared to 7 in 2016/17). We expect this
activity to continue to grow in future years.
• DIT leading the SGP’s FDI workstream
Running 2 FDI campaigns in
FY2017/18 covering (i) the
US and (ii) The
‘Mediterranean Region’.
Sector Team, Investment
Services Team, and overseas
colleagues operate as ‘One
Team’.
Focus is on High and Good
Value investment.
Illustrative only
* Only illustrative. Not a firm target for future years

5. Space - The commercial benefits of innovating in the UK
DIT services
• Free, confidential consultancy service - opening doors:
– The UK Space Agency
– The UK Research councils and Universities.
– The Local Enterprise Partnerships and Devolved Administrations
– The Satellite Applications Catapult
– Innovate UK – Space Team
– Investment support
– Legal support
– Visa support
– Assistance to Entrepreneurs
– Recruitment and Skills support
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6. Space - The commercial benefits of innovating in the UK
DIT support continued
• International Trade and Investment services can:
• Assist companies in the UK wanting to export.
• Look for UK projects requiring investment to develop.
• Build the UK’s space offering to assist growth.
• Look for foreign companies with ambitions to expand into the UK
or Europe, to match them with suitable areas, universities,
companies, skillsets, investment.
• DIT now offering ODI support
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7. Space - The commercial benefits of innovating in the UK
Inward Investment Recommendations
New Vision
DIT should target 20 new space FDI companies/opportunities per year by 2021, which will
result in an additional estimated investment in the UK of £3BN by 2021, with the
potential for the actual figure to be significantly more than this in future years.
Recommendations:
Targeting ministerial and senior civil servant engagement : establishing a powerful UK
presence on the international stage
Marketing the UK as an investment location and a global hub for space innovation :
working with Harwell and the proposed regional clusters to attract businesses
Working with the sector to develop high profile, ambitious initiatives : building on the
experience of the LaunchUK initiative to accelerate investment
Increase DIT and UKSA teams and structures to support and help land this new
investment into the UK : ensuring entry into the UK is as smooth as possible
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8. Space - The commercial benefits of innovating in the UK
Recommendations 2
Adequately resourcing and coordinating investment support : connecting businesses to
the support offered by the UK from both the public sector and private investors (e.g.
via the Satellite Finance Network)
Ensuring that the UK has a global, competitive and progressive regulatory regime :
maximizing the attractiveness of operation in the UK, particularly in emerging
technologies & services
Establish the International Space Trade Programme : deepening our partnerships around
the world and allowing the UK to build bi-directional trade and investment
relationships
Ability to attract overseas entrepreneurs to set-up in the UK : working with the
entrepreneurial initiatives to engage with businesses of any size or maturity
Further Research - DIT/UKSA should commission specific detailed research that takes a
deep look at the FDI opportunity, especially connected with downstream markets.
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