Exploring the space industry: Why it's a perfect fit for military candidates

The space industry is a broad term. It means every function related to the exploration, development and utilisation of space. 

Why is it a great industry to work in?

It’s thriving. As an industry, it’s grown by £1 billion from 2022-2023. This is due to almost 300 new companies emerging, leading to a heck of a lot of jobs available. 

Plus, through heavy investment, the UK government has shown that they’re committed to supporting the sector in order to boost the UK’s reputation as a growing space power.

Why is it an important industry?

It’s vital for scientific research and development, technological innovation as well as national security. 

It’s also key for environmental research and monitoring, playing a significant part in the fight against climate change, and helping to track our efforts to reach net zero. 

What are the types of roles in the space industry?  

As a veteran or service leaver, there are a ton of ways you can use your skill set to lead a successful career in this industry. 

Here are some examples of different types of companies that exist under the space umbrella:

🛰️ Satellite Technology Companies focus on designing, building and launching satellites. This can aid communication, navigation and observing Earth for helpful information like weather reports. 

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‍⚙️Aerospace Manufacturers are responsible for the design and production of aircraft, spacecraft, and related components. They play a pivotal role in shaping the aerospace industry, driving innovation and technological advancements in aviation and space exploration.‍

🔭 Space Exploration and Research Companies dive into the unknown, conducting experiments, gathering data and pushing the boundaries of what we know about space. 

🚀 Space Transportation Services involve launching payloads, such as satellites or spacecraft into space. These services support satellite deployment, space exploration, and emerging ventures like space tourism, advancing access to and utilisation of outer space.

What are the benefits of working in the space industry? 

⭐ Be at the forefront of innovation: Working in this field provides opportunities to contribute to cutting-edge advancements in areas such as spacecraft design, propulsion systems, robotics, and materials science. It’s mega. 

⭐ Make global impact: Addressing challenges such as climate change, resource management, and disaster response. You can contribute to solutions that benefit humanity on a large scale.

⭐ Work with cutting-edge technologies: It’s a rapidly growing industry, at the forefront of innovation and tech. You will have the opportunity to work on the latest and greatest technologies that are helping to build a more sustainable future.

⭐ Be in high demand: The demand for skilled workers is high and is only going to continue to grow. This means that you will have many opportunities to choose from and you can expect to be well compensated.

⭐Job Stability: £635 million investment generated by UK companies shows the confidence of investors and businesses in the UK space sector. This means there’s a degree of job stability for those working in the industry. 

What skills do you already have?

As an ex-military candidate, you’re well suited to a career in the space industry. This is because you’ve got transferable skills that will be incredibly useful. Here are (some of) the skills that you can translate: 

➡️ Technical skills: Having an understanding of complex machinery, and a problem-solving mentality will mean you’d do well in engineering roles in the space industry. Plus, having a strong foundation in science and maths under your belt will mean you’ll go far in the space industry. 

➡️ Precision, discipline and strategic thinking: Super important for ensuring mission success, safety, and resource efficiency. Addressing technical challenges, keeping to schedules, and mitigating risks are vital for the complex and costly projects associated with space exploration and satellite operations.

➡️ Intelligence handling: it’s crucial in the space industry for effective decision-making. It means you can analyse complex data, problem-solve in technical challenges, and strategically plan for missions. In a field where precision is key, intelligence ensures optimal resource utilisation, adaptability and success. 

How can you get a job in the space industry?

👉 Develop the right skills: Depending on the specific role you are interested in, you may need to develop certain skills. For example, if you are interested in a role in aerospace engineering, you’ll likely need a background in engineering.

👉 Gain experience: One of the best ways to get a job in the space industry is to gain experience in the industry. You can do this by volunteering or interning at a space company, don't forget, you may be able to do work experience during your resettlement. 

👉 Network: Networking is a great way to learn about new opportunities and to meet people who can help you advance your career. Attend space events and meetups, and connect with people on LinkedIn.

👉 Redeployable: We’ve got some incredible space industry opportunities, and have even got a partnership with UKspace. Head to the platform now to see if your new career is waiting for you.