Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.
UK Enters Space Race
BRITISH INDUSTRY ACTS IN SPACE RACE
Was the headline 50 years ago in EW’s edition of February 8th 1961.
The story opens:
‘Final formation is expected within the next few days of British Space
Development Company, a group of eight major electronic and aero-engine companies.’
‘First news of the company, specially formed to exploit British space research, came late last week in a short statement by Sir Robert Renwick. Sir Robert has been lobbying for some time to obtain backing for such a scheme.’
‘The eight member companies so far named are Decca, AEI, ATV, BICC, de Havilland, Pye, Rank and Rolls-Royce.’
‘Capital is £20,000.’Tags: british space, decca, industry acts, member companies, space research