STFC welcomes six new
start-ups to its national space-tech business
programme
18 August 2020
The Science and Technology
Facilities Council (STFC) has announced six
pioneering UK start-ups that have successfully
secured a place on the world’s largest business
incubation programme for space tech start-ups.
The European Space Agency
Business Incubation Centre United Kingdom (ESA
BIC UK) is part of ESA Space Solutions, with
successful ESA BICs across Europe, supporting
start-ups that are using space technologies to
innovate and develop game-changing new products
and services.
Science Minister Amanda
Solloway said:
“The UK is home to some of the world’s most
innovative space technology businesses, using
satellites and artificial intelligence to
transform our everyday lives – from developing
more efficient transport networks to helping UK
farmers increase their productivity.
“By joining the world’s
largest space incubation programme, these six
impressive UK start-ups will receive the support
they need for their ideas to take off and
succeed.”
The ESA BIC UK is a UK-wide
programme, incorporating the Harwell Campus in
Oxfordshire, Sci-Tech Daresbury in the North
West, the Royal Observatory in Edinburgh and the
new Space Park Leicester, which will open next
year.
Managed by STFC in
collaboration with ESA, and partly funded by
STFC and the UK Space Agency, the ESA BIC UK
programme helps businesses boost their
competitiveness in an increasingly fierce and
global marketplace. So far it has helped
91start-up companies, of which 73 have graduated
from the programme, collectively raising over
£73 million in investment to date1.
The six new companies to
join the programme span a diverse range of
sectors from using AR technologies to develop
screen-based story-telling experiences, to
developing new spacecraft propulsion systems,
manufacturing light-weight metal components for
the aerospace industry, and developing an AI
training platform to get the most from Earth
Observation data.
STFC’s Dr Sue O’Hare,
Operations Manager at the ESA BIC UK, said: “I’m
really excited to welcome these six dynamic and
forward thinking start-ups to the ESA BIC UK,
and I’m thrilled that, despite current economic
uncertainty, we have continued to receive a
healthy volume of applications to join our
programme. Understanding the support that
start-ups need is our speciality, and here our
aspiring incubatees can take full advantage of
the expertise, facilities and support we have
across STFC to build technologies and businesses
of tomorrow.
“The UK is the leading
funder in Europe for space business
applications, and the valuable combination of
funding, networks and access to STFC’s technical
capabilities, not to mention being part of the
world’s largest space incubation programme, is
exactly what start-ups need to thrive and be
successful.”
The six new successful
companies to join the programme are:
Sociate AI – developing an
AI data labelling tool that makes it easy,
enjoyable and emotionally engaging for experts
to annotate Earth Observation data- to better
capture their expertise and knowledge. This
results in improved AI performance and
actionable insights for Agriculture. (Harwell)
Ultima Forma –
manufacturing lightweight multi-functional metal
parts with tailored properties for space and
other demanding applications. (Harwell)
Magdrive – developing novel
electric spacecraft propulsion, designed to
combine the high efficiency of electric systems
with the high thrust-to-weight of chemical
systems. (Harwell)
Protolaunch Ltd –
developing a rocket engine specifically
dedicated to enable the launch for small
payloads. (Harwell)
Immersive Storylab – Using
immersive technology to create moving
‘storyworlds’ with augmented reality 3D
characters. (Daresbury)
Route masters – using
satellite technology to develop transport
planning platforms and solutions addressing
problems in the informal transport networks in
emerging cities. (Harwell)