Cornwall Aerospace Flashcards
What are the key economic challenges faced by Cornwall?
Low wages, reliance on seasonal tourism, peripheral location, and an aging population.
How does Cornwall’s peripheral location impact its economy?
It limits access to larger markets, reduces investment opportunities, and increases reliance on tourism.
What is the Aerohub Enterprise Zone, and why was it created?
A business park at Newquay Airport aimed at attracting aerospace-related industries to diversify Cornwall’s economy.
What is Spaceport Cornwall, and what does it aim to achieve?
The UK’s first horizontal launch site for satellites, aiming to create high-tech jobs and integrate Cornwall into the global space industry.
What are the expected economic benefits of Spaceport Cornwall?
Creation of high-skilled jobs, attraction of investment, and economic diversification beyond tourism.
How is the aerospace industry helping with Cornwall’s demographic challenges?
By providing high-skilled jobs that encourage young professionals to stay in the region.
How does the development of aerospace infrastructure help with Cornwall’s regeneration?
It reduces reliance on tourism, brings year-round employment, and enhances technological innovation in the region.
What role does government funding play in Cornwall’s aerospace development?
The UK government and Cornwall Council invested £20 million into projects like Spaceport Cornwall, including £7.35 million from the UK Space Agency, to stimulate economic growth and attract high-tech industries.
How does Spaceport Cornwall contribute to sustainability?
It promotes a low-carbon space industry by supporting environmentally friendly satellite launches.
What are the environmental concerns related to Spaceport Cornwall?
Wildlife Disruption – The spaceport’s location near the coast raises concerns about potential disruption to local ecosystems and wildlife.
Carbon Emissions – Rocket launches and increased air traffic may contribute to greenhouse gas emissions, impacting Cornwall’s Net Zero ambitions.
What are the economic risks associated with Spaceport Cornwall?
High Initial Investment – The £20 million investment needs to generate long-term economic benefits to justify the cost.
Reliance on
External Companies – The project depends on attracting international aerospace firms, which may choose
