Event Agenda
- Date: 24 November 2025
- Time: 13:30-17:30
- Location: techUK, 10 St Bride Street, London EC4A 4AD
The State of the Satellite Market
The global space economy is booming. In 2024, the estimate is that the market value ranges from $400 to $600 billion—and it's not slowing down anytime soon. Annual growth projections vary from a steady 3% (BryceTech) to a more ambitious 7.8% (The Space Report), but one thing is clear: satellites are leading the charge.
BryceTech reports that a staggering $293 billion, or 71% of the total space sector revenue, comes from satellite-related activities. The Space Report paints an even more vivid picture, valuing the global space economy at $613 billion, with $480 billion—nearly 78%—driven by commercial infrastructure, products, and services.
In the UK, the satellite industry is thriving. According to London Economics, the sector generated £18.6 billion in total income in 2022. The ecosystem now includes 1,907 organisations—a net increase of 142 from the previous year. Notably, this edition of the study captures more than twice the number of organisations compared to the 2018 report, highlighting the sector’s rapid expansion and growing dynamism.
Why should you join techUK's Satellite Futures Summit?
This event is designed to bring together the full spectrum of the space ecosystem: from technology developers and satellite innovators to consumer-facing companies and policymakers. Our goal is to accelerate the adoption of space technologies by fostering collaboration across sectors, unlocking new applications, and showcasing how satellite communications are powering next-generation connectivity—from AI to resilient digital infrastructure.
This is more than just an event—it's a strategic moment to shape the future of the UK space sector. TechUK is convening leaders from across the space ecosystem to bridge the gap between cutting-edge satellite technologies and the consumer markets they empower. Whether you're developing the tech, deploying the infrastructure, or driving policy, this is your opportunity to connect, collaborate, and catalyse innovation.
Here’s what to expect:
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Support UK Industrial Strategy: Align with national priorities around digital infrastructure, artificial intelligence, and resilient connectivity, and explore how space can be a key enabler of growth.
Event Agenda
1:30pm – Arrival & Networking
2:00pm – Opening Remarks
2:10pm – Keynote Speeches
2:40pm – Panel: Optical Communications Roadmap - Exploring investment strategies and technological pathways for alternative communications
3:25pm – Break (30 min)
4:00pm – Keynote 3: Director-level speaker from the Department for Science, Innovation and Technology (DSIT)
4:15pm – Panel: Photonics for Space and Beyond - How photonics can unlock new capabilities and economic potential for the UK space sector
5:00pm – Closing Remarks & Networking Reception
Contribute to the Optical Communications Roadmap
If you're passionate about advancing satellite technologies and their real-world applications, we’d love to hear from you. We're also launching a dedicated Optical Communications Roadmap to explore the next frontier in high-capacity, low-latency satellite connectivity. If you're working in this space or have insights to share, we welcome submissions of case studies by techUK members and expressions of interest to join our panel and help guide future policy and industry direction.
Optical Communications Roadmap - call for contributions
The techUK Roadmap to Optical Communications highlights the transformative potential of creating a "network of networks" that can ensure the UK remains a leader in global telecommunications.
To participate, please reach out to [email protected] and refer to our contributor guidelines for your submission.
Let’s build the future—together.
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Meet the team
Sophie Greaves
Associate Director, Digital Infrastructure, techUK
Sophie Greaves is Associate Director for Digital Infrastructure at techUK, overseeing the Communications Infrastructure and Services Programme at techUK, and the UK Spectrum Policy Forum.
Sophie was promoted to Head having been Programme Manager for Communications Infrastructure and Services, leading techUK's telecoms activities, engagement and policy development. Previously, Sophie was Programme Assistant across a variety of areas including the Broadband Stakeholder Group, Central Government, Financial Services and Communications Infrastructure programmes.
Prior to joining techUK, Sophie completed a masters in Film Studies at University College London; her dissertation examined US telecoms policy relating to net neutrality and content distribution.
- Email:
- [email protected]
- Phone:
- 020 7331 2038
- Twitter:
- @SJMJames1,@SJMJames1
- LinkedIn:
- https://www.linkedin.com/in/sophiegreaves/,https://www.linkedin.com/in/sophiegreaves/
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Tales Gaspar
Programme Manager, UK SPF and Satellite, techUK
Tales has a background in law and economics, with previous experience in the regulation of new technologies and infrastructure.
In the UK and Europe, he offered consultancy on intellectual property rights of cellular and IoT technologies and on the regulatory procedures at the ITU as a Global Fellow at the European Space Policy Institute (ESPI).
Tales has an LL.M in Law and Business by the Getulio Vargas Foundation (FGV) and an MSc in Regulation at the London School of Economics, with a specialization in Government and Law.
- Email:
- [email protected]
- Phone:
- +44 (0) 0207 331 2000
- Website:
- www.techUK.org
- LinkedIn:
- www.linkedin.com/in/talesngaspar
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Josh Turpin
Programme Manager, Telecoms and Net Zero, techUK
Josh joined techUK as a Programme Manager for Telecoms and Net Zero in August 2024.
In this role, working jointly across the techUK Telecoms and Climate Programmes, Josh is responsible for leading on telecoms infrastructure deployment and uptake and supporting innovation opportunities, as well as looking at how the tech sector can be further utilised in the UK’s decarbonisation efforts.
Prior to joining techUK, Josh’s background was in public affairs and communications, working for organisations across a diverse portfolio of sectors including defence, telecoms and infrastructure; aiding clients through stakeholder engagement, crisis communications, media outreach as well as secretariat duties.
Outside of work, Josh has a keen interest in music, painting and sailing.
- Email:
- [email protected]
- Phone:
- 020 7331 2038
- LinkedIn:
- https://www.linkedin.com/in/josh-turpin/
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