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Scottish spaceport closer to launch after land lease signed

Plans to open a new spaceport in Sutherland in Scotland have moved closer to final sanction: The real estate properties business “workin on” the deal have signed a 75 -year lease for the shore to be used for Space Hub Sutherland, which will look to launch small-time satellites via private propel works from business including startup Orbex, a micro-launch startup founded in 2015, and Lockheed Martin.

The land lease is still dependent on final acceptance being given for the spaceport to be built, which is in process as different groups behind their own development, including the UK Space Agency, are in process of working out the designs, funding and environmental impact studies. All of this would further contribute to an overall planning employment, which the partners are hoping will pave the way for construction to begin in 2020.

Sutherland isn’t the only spaceport the UK is looking to open in an effort to open up its business start abilities: There are also strategy in the works to open one in Cornwall, with patronize and financing from both the UKSA and Richard Branson’s Virgin Orbit.

Read more: techcrunch.com.

About the author, Gregg Kell

Entrepreneur, Business Success Partner and Shaping The Future Podcast Host.

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