Satellite Finance Network

With you every inch of the way

Finance and regulatory network for the UK space industry

About Us

Unique Network

We are a network which seeks to bring the growing satellite and space industry together with the financial community: offering opportunities for both.

The aim – to support the growth of the UK space industry at all levels.

Introducing the Satellite Finance Network

The Satellite Finance Network (SFN) was launched on 16 July 2013 at the UK Space conference in Glasgow. It emerged from the highly successful Space Innovation & Growth Strategy (IGS) published in 2010 which has influenced and informed government policy towards the space sector since then.

The primary objective of the IGS is to grow the UK space industry from £9bn turnover, as at 2010, to £40bn by 2030. The SFN originated from two parallel streams of work during the IGS implementation, one on “Access to Finance”, including topics such as government procurement mechanisms and export credit, and the other on “Regulation”, looking at the regulatory environment for the satellite and space industry, especially operators. Both streams focused on economic growth: mechanisms to finance growth and encourage investment; and the identification, mitigation and removal of regulatory barriers to growth.

Since the publication of the IGS, the SFN has grown rapidly and worked to maintain the momentum of the IGS and deliver on the key recommendations, including pushing for the reform of the Outer Space Act to cap the unlimited indemnity currently contained in it. The SFN has organised seven successful conferences. Through these conferences and other SFN meetings, contacts are being made and many of our members are in business discussions; many of which have already resulted in financial support.

The SFN is now supporting the Space Growth Partnership, leading its finance and regulatory streams.

The SFN works collaboratively with UKspace, the UK space industry body, to provide its members with advice and support on regulatory issues, exporting, and mechanisms to finance growth and further investment in the satellite and space industry.

The SFN is also actively engaged with the Satellite Applications Catapult to support entrepreneurs, start-ups and growing companies from their initial ideas through to stock market listings.

The SFN will help members by making introductions to business angels, venture capital, private equity, banks, industry, academia, Government, grant-making bodies, the European Commission, and professional service providers, including in relation to insurance, legal, technical and regulatory assistance.

If you wish to sponsor any of the SFN events, please contact Joanne Wheeler, Chair of the SFN.