All systems are go to develop the Goonhilly Earth Station into a space science park.
It was announced today that the scheme is to receive conditional investment through the Government’s Regional Growth Fund (RGF).
When the winners of the second round of RGF funding were originally announced at the end of October, Goonhilly was left waiting along with nine other schemes, which the Government said “required further discussion”.
Seven of those schemes, however, have now been told they will receive funding, along with the Goonhilly project on the Lizard peninsula.
In addition to the proposed science park, satellite operator Avanti Communications will also receive £5M of RGF support to expand its broadband infrastructure and activities in Cornwall.
Avanti currently employs nine people at Goonhilly and this will rise to over 40 direct employees with this project.
Avanti CEO David Williams commented: “With this new investment Avanti expands its activities in Cornwall, making it the world’s leading broadband satellite teleport controlling three broadband satellites.
“We are also increasing our commitment to ensuring that the people and businesses in rural Cornwall receive the best possible broadband service as quickly as possible.”