British Space Targets

A new study for the U.K. Space Agency said Britain appears on track to reach its target of representing 10% of the global space economy in 2030. But the 2020 goal remains “a challenging target, and would necessitate a significant acceleration in revenue growth over the next six years.” Indeed, the London Economics analysis last month said that to achieve the interim objective set by the Space Growth Action Plan for 2020, industry sales would need to grow by an average of 8.7% per year through then, even as increases in the past two years have slowed to 7.3%.

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from Aviation Week – Aerospace Defense, Business & Commercial News


Author: David Pflieger

David Pflieger is working as the CEO of Ravn Alaska. David received his pilot training in the United States Air Force, and has since held multiple positions with different airlines, for over 20 years!

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