Caithness Map :: Links to Site Map Great value Unlimited Broadband from an award winning provider  

 

Space Hub Sutherland Will Be A Launch Pad For Jobs And The Economy

30th September 2021

Photograph of Space Hub Sutherland Will Be A Launch Pad For Jobs And The Economy

A new report launched (Wednesday 29th September 2021), commissioned by Caithness Chamber of Commerce on behalf of the Caithness & North Sutherland Regeneration Partnership, demonstrates the economic benefits that Space Hub Sutherland will bring to the North Highland and Moray areas.

Space Hub Sutherland - a new satellite launch site - will bring huge employment and tourism benefits to the Scottish Highlands.

Jacobs, the global professional services company, estimates that a Northern Space Cluster could create 740 jobs in the Highlands and Islands and boost the regional economy by £56 million per year by the end of this decade.

The report, The North Highland and Moray Space Cluster Strategy, funded by Dounreay Site Restoration Ltd (DSRL) and Highlands and Islands Enterprise (HIE), was produced for Caithness and North Sutherland Regeneration Partnership, which aims to attract a space business cluster to the North Highlands and Moray.

"As a commercial spaceport, Space Hub Sutherland will play a critical role in bringing income and employment to the North Highlands and Moray region," said Caithness and North Sutherland Regeneration Partnership chairman Ian Ross. "It will help to retain highly skilled individuals in the North Highlands and offer opportunities to young people to help stem the flow of depopulation. Space Hub Sutherland will unlock further development of the Moray space cluster and support UK and Scottish government objectives for growing the space sector."

Space Hub Sutherland, which is being developed by HIE, was the first vertical satellite launch site to secure planning permission in the UK and could become Europe's first continental orbital spaceport.

The Jacobs economic impact model estimates that by 2030, the development could support a further 520 jobs in the rest of Scotland, including at space rocket manufacturers Orbex in Forres, and 140 in other parts of the U.K.

HIE Director of Strategic Projects David Oxley said: "Jacobs is a world leader in this kind of analysis and their findings are a huge vote of confidence in Space Hub Sutherland. Our central aim in developing this project has always been to generate significant benefits for the local community and the wider regional and Scottish economies. This is a highly credible report that we believe endorses our vision for a Northern Space Cluster, building upon a commercial spaceport in Sutherland, and the positive impacts it will generate."

Trudy Morris, Chief Executive of Caithness Chamber of Commerce, said: "In addition to the clear economic benefits to the region, this report also demonstrates the capability, flexibility and willingness of the local supply chain to capture opportunities in an exciting new industry. With experience in a wide range of energy sectors, our highly-skilled local supply chain is ready and able to engage with the UK space sector as this exciting development proceeds."

Chris Larmour, Chief Executive Officer at Orbex said "Space Hub Sutherland is already a catalyst for new jobs and commercial opportunities in the North Highlands and Moray - and this will only intensify over the coming years. We are happy to play our part in this economic growth and to create new prospects for young people in the area."

The overall benefit of the North Highland and Moray Space Cluster to the UK economy would be an additional £99m in average annual gross value added, which is a measure of the value of goods and services produced, with £90 million of that generated in Scotland.

The spaceport itself will support more than 40 full-time jobs when fully operational with 12 launches per year. But Jacobs says more jobs will be created in construction and tourism, with the launches expected to attract an annual total of more than 4,400 visitors, whose spending will boost local hospitality businesses.

Read the full report HERE Pdf 79 pages

Read more at the Space Cluster web pages

 

Related Businesses

 

Related Articles

West Coast Sand Mine Steps Up ProductionThumbnail for article : West Coast Sand Mine Steps Up Production
A sand mining company in Lochaber is set to double its production and increase annual turnover by more than £2.6m.   Lochaline Quartz Sand Limited (LQS) has secured up to £230,000 investment from Highlands and Islands Enterprise (HIE) towards the £855,000 costs of upgrading equipment on site.  
HIEs New Head Of Business Growth Keen To Support More BusinessesThumbnail for article : HIEs New Head Of Business Growth Keen To Support More Businesses
The newly appointed head of business growth for Highlands and Island Enterprise (HIE) in Argyll and the Islands is to focus on expanding the agency's portfolio of business clients.   Liam Orr, originally from Benderloch near Oban, took up the post in early December and leads HIE’s business growth team across an area covering Argyll and Bute, Arran and the Cumbraes.  
Aviemore Adventure Tourism Firm Achieves Milestones In SustainabilityThumbnail for article : Aviemore Adventure Tourism Firm Achieves Milestones In Sustainability
An Aviemore-based adventure tourism operator has made significant progress in sustainability over the past two years by investing in e-bikes, e-vehicles and a carbon labelling system.   Wilderness Scotland has reduced its scope 1 & 2 carbon emissions by 16 percent through its commitment to business decarbonisation.  
Cairngorm Gets Set To Welcome Return Of Mountain Railway
The funicular railway at Cairngorm Mountain looks set to be back in action towards the end of December or early in the new year.   Contractor Balfour Beatty has confirmed that, weather permitting, its current programme of remediation works on the viaduct that supports the railway is due to finish in the next week to 10 days, after which teams working for the company plan to demobilise from the mountainside.  
Argyll Chocolate Firm Expands To Meet Growing DemandThumbnail for article : Argyll Chocolate Firm Expands To Meet Growing Demand
Fetcha Chocolates is investing in new equipment to quadruple its capacity, increase turnover and create employment.   An Argyll based chocolate manufacturer is investing in new equipment to quadruple its capacity, increase turnover and create employment.  
Young Business Capital GrantThumbnail for article : Young Business Capital Grant
Is your young business ready for the next step?.   The Young Business Capital Grant helps young businesses and social enterprises (under 5 years old) invest in projects that stimulate growth.  
Shell-volution: £4.4m Islands Growth Deal To Boost Scotland's Mussel Farming SectorThumbnail for article : Shell-volution: £4.4m Islands Growth Deal To Boost Scotland's Mussel Farming Sector
Shell-volution is an ambitious industry-wide initiative supported by the public sector and the University of the Highlands and Islands (UHI) which has been awarded £4.4 million of investment from the UK Government as part of the Islands Growth Deal.   This innovative, ground-breaking project is set to transform shellfish aquaculture, bringing sustainable growth and additional quality jobs in mussel farming, based on detailed investigations (mapping and monitoring) and creating a model for improving security and reliability of wild spat recruitment, through industry best practice.  
Nairn Bronze Foundry Expands Business And Creates Jobs
A Nairn-based foundry, which has achieved international recognition for its larger-than-life bronze castings has invested in a £200,000 expansion to help it reach greater heights.   An award of £60,000 from Highlands and Islands Enterprise (HIE) has helped Black Isle Bronze to improve infrastructure and purchase equipment to extend the range of projects the firm can undertake.  
Grant Funding For Young Businesses Opens For ApplicationsThumbnail for article : Grant Funding For Young Businesses Opens For Applications
Young businesses and social enterprises in the Highlands and Islands looking to increase productivity, innovation and employment can apply for funding from HIE.   The fourth round of the Highlands and Islands Enterprise (HIE) Young Business Capital Grant (YBCG) is now open to businesses that have been trading for less than five years with up to 250 full-time equivalent employees.  
Call For Young Entrepreneurs To Register For Final Support ProgrammeThumbnail for article : Call For Young Entrepreneurs To Register For Final Support Programme
Ambitious young businesspeople in the Highlands and Islands have just one more chance to benefit from a tailored support programme.   IMPACT30 was launched by Highlands and Islands Enterprise (HIE) in 2018 to help nurture and empower the next generation of entrepreneurs.