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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.
First aquaculture and animal health business accelerator programme open for applications
Two new business units will be developed in Scalsaig, Isle of Colonsay in Argyll
Moray Growth Deal is officially signed
Glencoe ski centre has been granted funds to help towards the construction of a new base station
Businesses in the Highlands and Islands continue to be challenged by increasing costs, economic uncertainty and supply chain issues.
A four-year aquaculture R&D project that will create 30 jobs has been awarded up to £5m.
A new wind tower factory at Nigg is expected to create hundreds of skilled manufacturing jobs.
Business Park on North Yell set to expand and create jobs
New graduates recruited in the Outer Hebrides
Second Forres building occupied by expanding space firm
Young businesses in the region can now apply for funding from HIE
£5.8m facility secure up to £234,554 Green Jobs Fund investment
