HIE approves £1.175m for Dales Voe dredging works
Plans for an Ultra-Deep-Water Quay in Shetland have secured up to £1.175m in funding from Highlands and Islands Enterprise (HIE).
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The Shetland Space Centre (SSC) has been working with B2Space, a company that offers access to low earth orbit for small and micro satellites.
In July they ran a test of a system known as rockoon, which deploys large air balloons to launch rockets from the edge of the earth’s atmosphere.
The HIE funding will go towards the commercial and technical evaluation of using the system in Shetland. This includes assessing the current facilities and development plans and providing recommendations as to how such operations might be best hosted at the Shetland Space Centre.
John MacKenzie, senior development manager with HIE, said:
“This is an ambitious and innovative project by the SSC. We are very pleased to be providing support for the commercial and technical evaluation and look forward to the findings of this work.”
SSC was formed in 2017 and employs five people. The firm is working towards securing planning permission for a satellite launch facility at Unst.
It is working with the local community and Shetland Islands Council to ensure minimum impact and maximum benefit from what could be a major new sector of the local economy.
Plans for an Ultra-Deep-Water Quay in Shetland have secured up to £1.175m in funding from Highlands and Islands Enterprise (HIE).
Investment by Highlands and Islands Enterprise in the Outer Hebrides during 2024-25 helped the agency to meet or exceed 18 of its 20 key targets.
The AI tool will improve the speed and quality of the company's design process at the quote stage
Support provided for projects in some rural and island locations contributed significantly to overall results.
Results were achieved through a combination of financial investment and non-financial interventions.
Highlands and Islands Enterprise (HIE) has made a significant impact in Shetland during 2024-25. According to HIE’s figures, the investments have brought remarkable benefits to the community.
HIE figures show strong outturns against key targets during 2024/25.
The Inverness Caledonian Thistle Community Development is leading the £1.28m project, which will create five jobs and around 50 volunteering opportunities.
The Mull and Iona Community Trust (MICT) is providing eight more storage containers to meet local demand.
Bloom & Graze Ltd is developing half of the town’s railway station building to form its new premises.
Over the next three years, the project is expected to generate nearly £1m in turnover and create 12 new jobs.