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Brief
On March 11, 2025, the Department for Science, Innovation & Technology issued an update regarding "Science Secretary hails UK space sector for securing record-breaking contracts and propelling government’s mission forward". The UK's European Space Agency contract wins have exceeded government contributions by £80 million in Q4 2024, with the total value of contracts secured at £844 million since June 2022. This success is expected to deliver wider benefits of over £1 billion to the UK economy and support an additional 3,800 highly skilled jobs.
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