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Clyde Space Soars Into Skypark

ClydeSpace

Scotland's first satellite designer expands into Finnieston business campus.

Clyde Space, the manufacturer of Scotland's first satellite UKube-1, has made Skypark, Glasgow, its new base, taking on 9,838 sq. ft. of bespoke facility space on a 10 year lease.

The new Skypark headquarters of Clyde Space, which successfully launched the groundbreaking Glasgow-made nanosatellite UKube-1, will have almost three times the manufacturing and design space of its former premises at the West of Scotland Science Park in Maryhill. The supplier of small spacecraft systems hopes to move its 34 staff into Scotland's biggest business campus by the end of the year, once the soon-to-begin fit-out of its specialised high-tech facility is achieved.

This new deal follows five deals recently announced at Skypark, which totalled 18,299 sq. ft. of leased space and includes organisations such as shipping company V.Ships, joint venture development company hub West and Create, a new cafe for the vibrant Finnieston area.

On 8 July, Scotland's first ever satellite UKube-1, designed and manufactured by Clyde Space, was launched aboard a Russian Soyuz-2 rocket from Baikonur Cosmodrome, Kazakhstan. The nanosatellite, one of the most advanced of its kind and roughly the size of a shoe-box, will fly educational packages, trial new technologies and undertake space research on a year-long mission.

Craig Clark, CEO of Clyde Space, comments: "We're very excited to be moving to Skypark, as our new facilities will support the growth of both our business and our capabilities. UKube-1 was just the first of many satellites; we hope to help make Glasgow as famous for building spacecraft as it once was for shipbuilding."

Angela Higgins, director of Resonance Capital, a joint venture partner in Skypark, says: "It's great to welcome Clyde Space to Skypark. The company has established itself as a world-beating satellite system designer and manufacturer, and to have them here demonstrates that our combination of flexible packages and high quality working environment has been a success. We are sure that in its expanded facility at Skypark, Clyde Space will continue to break new ground on its mission to lead Scotland's growing space industry."

Speaking on behalf of Skypark's owner Moorfield Real Estate Fund II, Mark Holmes from Moorfield Group said "Deals momentum at Skypark is at an all year high with, with 11 lettings agreed including re-gears equating to 50,000 sq ft in just 10 months. Today's announcement is a further endorsement to the ongoing success of Skypark since we purchased it and began our multi million pound investment programme in 2010."

Skypark has immediate access to all transport links and all the shops, independent bars, restaurants and leisure facilities the area has to offer.

Planning consent has been granted for 'The Azure Building', the latest addition to Skypark's collection of high-quality office space. It will comprise 135,000 sq. ft. of highly efficient, 'Grade A' office accommodation in Glasgow's most emerging hotspot, Finnieston. Visit www.theazurebuilding.com

Joint letting agents for Skypark are Ryden and JLL.

Image: Scotland's first satellite UKube-1 manufactured by Clyde Space the developer of small spacecraft systems.

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