Story perspectives

UK backs SaxaVord Spaceport with £30 million investment

9/8/2026

Summary

Story summary

UK government invests £30 million in SaxaVord Spaceport, Shetland.
The £60 million public-private package will fund a second integration hangar and two launchpads.
German firms Rocket Factory Augsburg and HyImpulse have signed launch agreements with SaxaVord.
Scottish Secretary Douglas Alexander said SaxaVord could deliver up to three-quarters of Europe’s launch slots.
Heartland chief executive Lise Kaae welcomed the investment, noting Heartland’s majority stake via Wild Ventures.

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Story summary

UK government invests £30 million in SaxaVord Spaceport, Shetland.
The £60 million public-private package will fund a second integration hangar and two launchpads.
German firms Rocket Factory Augsburg and HyImpulse have signed launch agreements with SaxaVord.
Scottish Secretary Douglas Alexander said SaxaVord could deliver up to three-quarters of Europe’s launch slots.
Heartland chief executive Lise Kaae welcomed the investment, noting Heartland’s majority stake via Wild Ventures.