A 'space strategy' for Wales has been created by the Welsh Government.
The hope is that Wales could become the world’s first sustainable space nation by 2040 and can take a share of a fast-growing sector which generates £14.8bn a year and employs 42,000 people.
The UK space sector has previously set a target of achieving a 10% share of the predicted £400bn annual global space market in 2030. The Welsh Government wants Wales to achieve a 5% share of that, which would equate to £2bn per year for the Welsh economy.
