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British space sector

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British space sector is a 'multi-billion success story', report says

Britain’s space industry could grow four-fold by 2030 and is already one of the most vibrant sectors of the high-tech economy, according to a report by a committee of MPs.

The space sector, which manufactures scientific instruments, communications kit and other satellite equipment, currently employs nearly 29,000 people and contributes £9.1bn to the UK economy, the MPs found.

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