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Explained in plain English

Why is the UK building spaceports?

The UK aims to become a global leader in the commercial small satellite launch market. By investing in spaceports like SaxaVord, the government hopes to attract international companies and create high-tech jobs. This strategy is part of a broader plan to boost the UK's space sector, which was valued at £16.5 billion in 2021, and position it as a key player in the European space industry, post-Brexit.

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