The 1,200 sq m Westcott Innovation Centre, a hub for the UK space sector, has been officially opened.
The development, at Westcott Venture Park falls within the Aylesbury Vale Enterprise Zone, and provides space for firms that have outgrown other parts of the park including at the Westcott Business Incubation Centre.
It provides offices, meeting rooms and space for engineering.
The innovation centre has had funding from the Local Growth Fund and Aylesbury Vale Enterprise Zone. The funding was made via Buckinghamshire LEP and managed by the Satellite Applications Catapult.
Buckingham MP Greg Smith, said: “Westcott presents one of the most exciting economic opportunities in my constituency, it has the potential to help lead innovation for years to come in the fields of space propulsion and drone technologies.
“The investment by the Buckinghamshire LEP and the Satellite Application Catapult in the new Innovation Centre is to be welcomed and will help attract many new innovative businesses creating high value jobs for my constituency and beyond.”
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