New figures published this month reveal that the UK could compete in a high value market to launch an estimated 2,000 satellites by 2030.
Deliveries from space 'are going to happen' the commander of the US Air Force's Air Mobility Command told reporters last week.
Virgin Orbit are in the final stages of testing and preparation for LauncherOne, a two-stage, expendable, LOX/RP-1 rocket that launches from a dedicated 747-400 carrier aircraft, called Cosmic Girl.
Cobham is to provide life support and propulsion components for the Orion spacecraft.
BAE Systems and Goonhilly Earth Station (GES) have entered into a partnership to commercialise deep space communications.
The UK Space Agency has selected Lockheed Martin to establish vertical launch operations in Sutherland, Scotland.
Cobham has announced it has recently been awarded contracts by Lockheed Martin Space to supply a suite of space-rated life support and propulsion components for NASA's Orion deep space exploration spacecraft.
The first tenders for the new satellite navigation system are expected by the end of this year with the UK looking to collaborate with countries in the 'Five Eyes' intelligence alliance.
Skynet is a family of commercially managed military communications satellites operated on behalf of the Ministry of Defence, which provide strategic communication services to the British Armed Forces and UK allies.
The Defence Secretary has warned that Britain must be ready 'to deter and counter' threats that are emerging in space.