And with the announcement of the Government’s historic National Space Strategy, the and secure a stronger foothold in the global space market.

A space industry insider has, however, told the UK has much bigger fish to fry if it wants to meet the objectives of the space strategy.

Will Whitehorn, Chair of Seraphim Space Investment Trust and former president of Virgin Galactic, believes the dangers posed by climate change and the emerging technologies will play a bigger role in helping the UK’s space sector thrive.

He said: “I don’t see that as a huge issue. Many of the systems currently being deployed, like the OneWeb system, in their next generation can easily be adapted to provide these sort of services.

“It’s not a big issue, it’s an issue.