The PSC In Conversation: Space for Growth - Stellar Reflections from our Podcast Series
How can the UK government reach new heights by investing in the space and satellite industry? Join The PSC team as we share our final thoughts on the role of the space sector in the Invest 2035 strategy.
Welcome to our fifth and final episode of our Space for Growth podcast series. In this series, we’ve heard from several experts, firstly on the machinery of Government, and then on how the space and satellites sector can contribute to three growth-driving sectors highlighted within the UK government’s Invest 2035 strategy; digital technologies, defence, and advanced manufacturing.
Today, we bring together the team behind the podcast - Dr. Fiona Jamieson, our Space Director, Phil Buckley, and our Senior Partner, Dr. Antonio Weiss, to recap and reflect on the key themes from the series, exploring how the space and satellite industry can contribute to the UK government’s Invest 2035 Industrial Strategy. Best of all, in this episode Fiona can offer her own opinions as she joins us as a guest, and we have a new host, Alex Wates, making her podcast debut.

Make sure you catch the full spotify episode, and subscribe wherever you get your podcasts.
Our 'hot takes' and key insights from the series:
Space tech is no longer niche - it’s national infrastructure. If satellites go down, so does the economy.
The UK excels in the brains of space, not the brawn. We lead in data, AI, cyber, sensing, and autonomy - not necessarily rockets.
Public imagination needs a reboot. The UK does way more in space than people think - we need to showcase the innovation happening now.
Satellites are the "silent enablers" of modern life. From Google Maps to Netflix to disaster response, space tech powers it all.
Software is where the real value lies - it’s a high-growth sector with low barriers to entry, and one where the UK’s strengths truly shine.
If the UK doesn’t build it, we’ll rent it. Not investing in sovereign capabilities means paying foreign providers, often at a premium.
Key takeaways from each podcast:
Invest 2035 Strategy (feat. Lord Victor Adebowale CBE)
- Space and satellites align closely with the UK’s industrial strategy (Invest 2035) priorities, yet are not explicitly included - creating an opportunity for the sector to make the case for greater recognition and targeted support.
- The sector is growing up to 4.7 times faster than the wider UK economy, with untapped potential across sectors like healthcare, climate monitoring, and urban planning.
- Despite strong innovation (5th globally), the UK lags in competitiveness and knowledge absorption. High barriers to entry and limited scale-up support risk driving startups abroad.
- The UK has strengths in small satellites and emerging areas like in-orbit servicing. Strategic backing can turn these into long-term competitive advantages.
- From AI-powered analytics to space-based quantum computing, the sector holds transformative potential. Long-term government commitment can unlock jobs, investment, and global influence.
Digital Technologies (feat. Paul Brabant, HSAT.ai)
- Satellite data and AI can revolutionize agriculture, from forecasting yields to optimizing supply chains.
- Satellites provide near real-time insight into environmental conditions - crucial for responding to climate events.
- Earth observation data is widely available and increasingly low-cost, opening it up for broader applications (ESA provides much of it free).
- Space tech enables AI innovation, tapping into the UK’s existing strengths in science and software engineering.
- Use cases go beyond agriculture: malaria prediction, climate monitoring, and even quantum computing could benefit.
Defence (feat. Peter Death, CGI)
- Defence is foundational: no economy can thrive without security.
- Space has become critical national infrastructure - GPS, satellite comms, and missile warning systems all originated in defence.
- Cybersecurity of satellites is a major emerging threat. Attacks may not be physical but digital.
- The UK’s expertise in space weather forecasting is a national asset with both military and civilian applications.
- Defence spending in space leads to broader economic benefits, mirroring historical examples like GPS and radar.
Advanced Manufacturing (feat. David Leslie, Lab287)
- Space offers unique environments - microgravity, vacuum, and extreme cold - for high-precision manufacturing.
- Potential applications include: Pharmaceuticals (e.g. improved drugs to enable chemotherapy delivery at home, without the need for IV administration); Semiconductors (e.g. gallium nitride crystals for next-gen electronics); Fiber optics with lower attenuation; Even chocolate with superior crystal structure (yes, really)
- The UK’s strengths in robotics, software, and life sciences make it uniquely suited to lead in space-based manufacturing.
Strategic Reflections from The PSC Team:
UK's Global Position & Perceptions in Space
- The UK is a quiet leader in space (#3 in number of licensed satellites), but public and political awareness lags behind.
- There's a need to shift perceptions: space isn’t just about astronauts and rockets; it’s integral to the functioning of modern economies.
- Space enables every sector: food, energy, comms, climate, security, and health.
Industrial Strategy, CSR, & Cross-Sectoral Infrastructure
- The space strategy must align with the upcoming Comprehensive Spending Review (CSR) to secure funding and focus.
- Space should be treated as cross-sectoral infrastructure, enabling multiple areas of the economy, rather than siloed.
Skills, Talent, & Public Engagement
- The UK needs to do a better job of telling its space story to attract young talent and raise public support.
- Space is about more than rockets—data science, life sciences, engineering, AI, and software are core to success.
Launch Capabilities, Geopolitics, & Global Collaboration
- The UK may benefit from a reliable launch site (e.g., SaxaVord in Shetland), particularly for defence and redundancy, as the political situation remains unstable - though it may never be as cheap as existing spaceports.
- Space faces challenges such as debris, overcrowding, and geopolitical tension. The UK must remain agile, collaborative, and internationally active to maintain influence and resilience.
Final Thought: The UK Must Stake its Claim
Space is not optional - it’s the infrastructure behind everything from digital tech and defence to manufacturing and health. The UK is well-positioned to lead, but only if the government backs its own talent and picks key priorities in the upcoming industrial strategy.
This wrap-up episode makes it clear: the UK space and satellite industry is ready to deliver, but now it needs the industrial focus and public support to thrive.
If you missed them, catch up on our first four episodes in the series:
- Episode 1: with Lord Victor Adebowale, who introduces the government's Invest 2035 industrial strategy, and where we discuss the role that space and satellites could play within it.
- Episode 2: with Paul Brabant from HSAT.ai, where we discuss the role of space and satellites in the digital and technology sector, and how satellite technology is revolutionsing our oldest sector, agriculture.
- Episode 3: with Peter Death from CGI, where we discuss the role of space in defence, and how this is key for economic growth and national stability.
- Episode 4: with David Leslie from Lab287, where we discuss how we can unlock new potentials with advanced manufacturing in space, from better chemotherapy drugs and fibre optics, to space chocolate.
About the podcast series:
In ‘The PSC in Coversation: Space for Growth’, we are joined by different guests to explore the role that the space and satellite industry plays in three out of seven of the growth driving sectors of the economy, as identified by the Invest 2035 strategy: digital and technology, defence, and advanced manufacturing. The strategy went out to consultation in the autumn of last year - The PSC submitted a response to this alongside people from across UK industry and academia, and the government has just finished considering our response alongside everyone else's.
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