25 September 2019

FirstFirst Minister Nicola Sturgeon visited Spire Global to announce £14.7 million investment to help the satellite company expand in Glasgow.

The investment, which is one of the largest funding packages ever provided by Scottish Enterprise, will help the company increase its local workforce from 60 to 320 over the next five years.

During the visit the First Minister was given a tour by Spire’s CEO Peter Platzer and heard more about the company’s work in the space sector.

Spire Global builds, tests and operates nanosatellites to track aviation, maritime and weather patterns.

Around 260 jobs will be created in Scotland's space sector First Minister @nicolasturgeon has announced.

The £14.7m @scotent investment will help Glasgow based satellite company @spireglobal expand its workforce and move into a new 40,000 sq ft officehttps://t.co/Lf9NdlaHQ1 pic.twitter.com/R6XEb4A5oo

— Scottish Government (@scotgov) September 25, 2019

The First Minister said:

Our space sector is already punching above its weight with almost one fifth of all UK jobs in the industry based north of the border and Scotland producing more small satellites than any other country in Europe.

This £14.7m investment will help Spire Global develop its infrastructure and technologies, which in turn will create dozens of high-tech and highly skilled jobs and training opportunities in Scotland’s space sector.”