Mangata Networks will build a new space engineering and manufacturing hub in Ayrshire – with £83.7 million of public funding.
by Rory Butler / December 7, 2022
The global telecommunications company announced Prestwick International Aerospace Park for the new facility, with construction starting early next year.
Inside the deal: The firm will base its Research and Development (R&D), satellite manufacturing, space systems and core network operations at the new site.
Up to 575 new jobs will be created in technical engineering, product development, design and manufacturing, and operations.
- produce and test more than 24 medium-class satellites every three months.
- qualifying, integrating and testing satellites up to 1,500 kg for space/launch environments.
As the business grows, Mangata intends to scale from 32, to more than 750 satellites, said CEO, Brian Holz.
Cost
- £83.7 million (Scottish Enterprise, Scottish Government, UK Government and South Ayrshire Council).
- Scottish Enterprise put up £54.5 million and Ayrshire Growth Deal (AGD) contributed £29.2 million, on commercial terms (not grant funding).
- Mangata will repay Scottish Enterprise and AGD over 15 years.
“This investment has the potential to be a real game-changer in helping unlock economic opportunities from the global commercial space sector,” said Adrian Gillespie, Chief Executive of Scottish Enterprise.
“Not only will it bring hundreds of new quality jobs for the people of Scotland, but it will be a catalyst for a new supply chain, opening up opportunities and partnerships both domestically and internationally.”
Manufacturing and operations teams will move in late 2024.
Mangata Networks was approached for comment about its client list.
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