North East to host space tech event - Business Leader News

North East to host space tech event

The North East Technology Park (NETPark) is set to play host to a UK space tech event.

The Satellite Data and Space Tech programme is aimed at businesses using satellite-derived data or space-related technology. The businesses can be focused on downstream space applications – using satellite-derived data to solve business and environmental problems – or upstream space technology, which focuses on sending objects into space and space exploration.

The event, from 6th-7th June, aims to help entrepreneurs with the fundamentals of starting and growing a space tech business. It is organised by the SETsquared Partnership in collaboration with the UK Space Agency.

Karen Brooks, programme director at SETsquared, commented: “Given the North East’s reputation for space-tech success, taking SETsquared’s highly-acclaimed entrepreneur’s programme to NETPark seemed like the next logical step in order to attract and nurture the very best entrepreneurial talent.

“Businesses developing new apps and software commonly use GPS and location-based data but may not consider themselves to be a ‘space-tech’ company. However, we would highly recommend these types of businesses engage with our programme because they are using assets relevant to the space industry.”

The event follows a recent announcement that the North East contributes £75m to the UK’s space sector income.

NETPark has been the home of the North East Satellite Centre of Excellence over the last five years to support space-related companies in the region. It was established by the Satellite Application Catapult and is now co-run by Catapult and the UK Space Agency.

Catherine Johns, director of the North East Centre of Excellence for Satellite Applications said: “The North East has one of the fastest growing space clusters in the UK – most of that growth has come from existing companies realising that space is a great market to diversify into. This event will accelerate entrepreneurs’ ideas to market and we are delighted to host it here in the North East.”

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