Corporate report: UK Space Agency Corporate Plan 2022-25
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This gives an overview of our purpose and role, our strategy and our key targets and milestones.
This year's update to the UK Space Agency's Corporate Plan revises the spending profile and milestones published in our 2022 Corporate Plan. The last update was published in November 2023.
The UK Space Agency will continue to work towards the eight delivery priorities set out in the plan (launch, sustainability, discovery, Earth observation, inspiration, innovation, low Earth orbit capabilities and levelling-up). Amongst other changes to the milestones and budget allocations published in 2022 and updated in 2023, we will:
We have also:
Our revised financial profile also includes additional funding announced last year to boost activity and innovation in the Earth observation sector as we re-join Copernicus.
The financial and delivery timeline information in this publication was accurate as of 16 April 2024 and does not include any changes made since this date. Any such changes will be included in the next publication of the UK Space Agency Annual Report and Accounts.
This year's annual update to the UK Space Agency's Corporate Plan summarised in the tables above revises the spending profile and milestones published in our 2022 Corporate Plan. We have updated our key targets, milestones and budgets for 2023/24 and 2024/25.
Amongst other changes to the milestones and budget allocations published in 2022 we have:
We have also added two corporate metrics in this year's corporate planning refresh, to:
The financial table shows that the total programme budget increased from ?1,750m in the originally published 3-year plan to ?1,858.3m. This reflects additional budget made available in-year to the agency for additional investments in Earth Observation Programmes.
The financial and delivery timeline information in this publication was accurate as of 19 June 2023 and does not include changes made since this date. These changes will be included in the next publication of the UK Space Agency Annual Report and Accounts.
Announcements of new projects and further funding beyond this update to the Corporate Plan will appear on the UK Space Agency gov.uk page, such as the recent announcement of up to ?160m for the Connectivity in Low Earth Orbit programme.
Added May 2024 update. Updated financial tables. Updated milestones.
Added updated finance summary table and delivery timeline.
First published.
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