The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Astroscale hits space debris removal scheme milestone

23 October 2023
Share
The Business Magazine article image for: Astroscale hits space debris removal scheme milestone
Credit: Astroscale

Oxfordshire's Astroscale UK, the UK and European subsidiary of Astroscale Holdings Inc, has successfully completed the System Requirements Review of its Active Debris Removal mission.

The COSMIC Mission (Clearing Outer Space Mission through Innovative Capture) has been validated, which means the company's aim of creating a more sustainable space environment can begin its practical phases.

This approval also symbolises a significant step for the UK Government’s ambition to lead the global effort to clean up space.   

Visit Hampshire Biz News for bright, upbeat and positive business news from the county

The System Requirements Review (SRR), ,ed by the UK Space Agency, focused on the evaluation of technical requirements including the concept of the mission and detumbling methods. 

Nick Shave, Managing Director of Astroscale UK, said: “Astroscale’s mission is to support the safe and sustainable development of space, so that our children and generations to come can continue to live in a world that can harness the full infinite potential of space without the worry of congested orbits.

“We are proud to have achieved this key milestone for the first national Active Debris Removal mission, working closely with our UK-focused industrial partners and supply chain, which will enable Astroscale to further develop the commercial in-orbit servicing economy supporting the UK Space Agency’s delivery priority to become a leader in space sustainability.”

Read more - Oxford's Astroscale UK launches new graduate recruitment and development scheme.


Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.

Related topics

Related articles

Latest Deal Ticket

view more
Hydrock (Bristol)
has been acquired by
Stantec
May 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles