Space's value for advanced materials is growing
The value of advanced materials in the space industry is projected to be at an estimated £4bln by the year 2035.
The Why Space? The Opportunity for Materials Science and Innovation position paper, explains how emerging microgravity research and engineering platforms will open a new market for materials research and development (R&D) in space.
The global use of advanced materials, including composites and alloys, by space industry technologies, from launch vehicles to satellites, amounts to approximately £1.2bln each year.
The paper from the UK Satellite Applications Catapult recommends:
- Investment in UK R&D testing platforms
- Development of a R&D funding strategy and funding framework for space
- Technical and regulatory process reforms
- Development of a cross-government space skills framework
- Nurturing national and international R&D networks (academic and industry)
