Valery Involved signed a historic agreement with the UK on cooperation in the space industry. The memorandum provides for the exchange of experience, support for commercial activities and joint projects. The UK is already allocating €100,000 to develop Ukraine's space sector.
Details of the memorandum
The agreement provides for the exchange of information and experience between Ukraine and the UK in in the field of space. The parties will support civil and commercial activities, as well as implement specific projects between space agencies.
The document is aimed at developing innovations and expanding commercial opportunities for the Ukrainian space sector. The memorandum refers to the use of space technologies to ensure the interests of citizens.
Financial support from the UK
The UK is already allocating €100,000 to support the Ukrainian space sector. The funds will be used to develop innovations and implement joint projects.
According to Valeriy Zaluzhny, the new agreement will allow the use of modern space technologies for the protection and development of the country. The document also opens up new commercial opportunities for Ukrainian companies.
- €100,000 - the amount of the first tranche
- Support for innovation and technology
Context.
The agreement was signed amid growing interest in the development of space technologies in Ukraine. Ukrainian space companies are looking for new markets and partners for joint projects.
Cooperation with the UK could strengthen Ukraine's position in the global space sector. Ukraine has previously participated in international space programmes.
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