The UK Space Agency invites proposals from end-user business led consortiums, with a space supplier and any relevant integrator organisations, for innovative pilot projects to commercialise space solutions within the Financial Services or Transport & Logistics sectors in the UK.
Projects must provide positive economic benefit to an end-user business within either the Financial Services or Transport & Logistics in the UK. Proposals must be UK based, led by UK based organisations.ย
Projects must involve at least one satellite data domain (Earth observation, Satcom, PNT), and may involve complementary enabling technologies such as AI, Quantum or Machine Learning.ย
Projects must start at Technology Readiness Level (TRL) 5+ and must progress to at least TRL 7 by the end of the project.ย
Projects must be able to demonstrate a tangible benefit to the end-user business within the 7-month maximum project duration. Projects must have clearly defined, and tangible outcomes measured against success criteria showing progress towards commercialisation. Examples of previous successful pilot projects can be foundย here.ย
Awarded projects will start from 1 September 2025 and must have fully completed by 31 March 2026. Projects should aim to be completed within 6 months, i.e. by February 2026, to allow for final wrap-up in March, with three milestones completed by January 2026. Projects planning to use the full 7-month duration should be aware that extension requests beyond the 31 March 2026 are not possible.ย
Grant funding per project is expected to range from ยฃ150,000 to ยฃ400,000. In exceptional circumstances, UK Space Agency reserve the right to adjust the value or duration of the grant funding available.
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