“This remarkable growth is not just good news for our military, it reflects our commitment to building the space industry here in the UK.
“The sector now supports over 40,000 jobs across the country, and we’re committed to expanding it in the years to come.”
Graham Turnock, Chief Executive of the UK Space Agency, added: “Our ambition to grow the UK space sector to 10 percent of the global market continues to drive our efforts to support the industry.
“The latest figures show welcome progress on growth and highlight the many areas where there is significant potential to build on our successes, using the extensive skills, experience and capabilities we have across the country.”