Space Minister Chris Bryant said the decision would result in \u201cmuch greater integration and focus\u201d while \u201cmaintaining the scientific expertise and the immense ambition of the sector.\u201d<\/p>\n
Founded in 2010, the organization currently operates as an executive agency of DSIT.<\/p>\n
The folding of the agency is part of a push by Prime Minister Keir Starmer and his Whitehall chief Pat McFadden to review arms-length bodies across government with a view to \u201crooting out unnecessary bureaucracy and duplication.\u201d<\/p>\n
The announcement was published alongside 60 recommendations from industry leaders on how to improve regulation for space missions, which the government said were \u201ckey\u201d to unlocking a market estimated to be worth \u00a32.7 billion by 2031.<\/p>\n
It added that with the \u201cright support,\u201d the U.K. space industry could capture a quarter of the global market for in-orbit servicing, assembly, and manufacturing.<\/p>\n
While the move was praised by several industry leaders, Shadow Business Secretary Andrew Griffith, who was space minister in the previous Conservative government, was quick to criticize the plan. Griffith said he was \u201cconcerned,\u201d and would have favored a \u201cmore empowered U.K. Space Agency.\u201d The move represented \u201cWhitehall managerialism in the name of efficiencies,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Space Minister Chris Bryant said the decision would result in \u201cmuch greater integration and focus\u201d while \u201cmaintaining the…\n","protected":false},"author":2,"featured_media":81339,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[41285,8926,59,57,58,555,50,41286,306,416,56,54,55],"class_list":{"0":"post-81338","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-kingdom","8":"tag-chris-bryant","9":"tag-department","10":"tag-gb","11":"tag-great-britain","12":"tag-greatbritain","13":"tag-industry","14":"tag-news","15":"tag-paul-bate","16":"tag-regulation","17":"tag-space","18":"tag-uk","19":"tag-united-kingdom","20":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/81338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=81338"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/81338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/81339"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=81338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=81338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=81338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}