Lockheed Martin is in line to receive $31 million (£23.5 million) in grants from the UK Space Agency to establish Britain’s first spaceport on Scotland’s north coast, and to develop a new made-in-Britain system for deploying small satellites in orbit.
The British government announced the grants today, only hours after lifting the curtain on its plan to develop a vertical-launch spaceport in Scotland’s rugged Sutherland district and support the rise of horizontal-launch spaceports in other British locales.
In addition to Lockheed Martin’s grants, another $7 million (£5.5 million) will be awarded to London-based Orbex to support the development of its Prime rocket for launch from the Sutherland spaceport. The Prime rocket is designed to be fueled by bio-propane and will deliver payloads of up to 330 pounds to low Earth orbit.
Orbex said today in a separate announcement that it has raised a total of $40 million in public and private funding for the development of orbital launch systems.