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Report: United Kingdom To Launch First Spaceport By 2018

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A Russian Soyuz rocket lifts off from the European Space Agency Spaceport in French Guiana. (S. Corvaja /ESA via Getty Images)

A Russian Soyuz rocket lifts off from the European Space Agency Spaceport in French Guiana. (S. Corvaja /ESA via Getty Images)

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LONDON (CBS Tampa) – Looking to establish itself as a space tourism destination, the British government says it will begin work on a spaceport, reports Space.com.

The $85 million facility could be operational within two years, with the first sub-orbital flight in 2018. The spaceport could also support satellite launches and rocket engine testing by the time it is finished in 2030.

The United Kingdom Space Agency plan envisions a space tourism industry worth $65 million a year and space plane industry worth over $33 billion by 2030.

The U.K. Civil Aviation Authority has identified eight locations across Great Britain as potential sites; six in Scotland, one in Wales and one site along England’s southern coast.

The plan was unveiled at the Farnborough International Airshow last month.

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