| Practice area: | Exploration and Infrastructure | Space |
|---|---|
| Client: | British National Space Centre |
| Published: | December, 2009 |
| Keywords: | stakeholder surveys and consultations |
In 2009 London Economics completed an economic analysis for the British National Space Centre (BNSC) of future business opportunities arising from future space exploration investment in the UK. The analysis used a cost-benefit approach and assessed the benefits to the UK in 6 areas: Tele-robotic and autonomous drilling providing access to inhospitable environments on earth for oil and gas exploration; Low cost launch technology for space services (payload), satellite launch and tourism; Communications and navigation technology for lunar communication networks; Robotics for the food sector, nuclear decommissioning and household robots; and, Space Medicine for aged care and intensive care on earth. This work supported the broader Space Exploration Review by BNSC and the Science & Technology Funding Council (STFC).