DALLAS, July 27, 2021 /PRNewswire/ -- Jacobs (NYSE:J) was
selected to support Space Hub Sutherland, which has the
potential to become the U.K.'s first satellite launch site.
On behalf of the Caithness and North Sutherland Regeneration
Partnership, Jacobs will assess the local supply chain and produce
a report on how available skills, such as advanced engineering,
asset management and avionics could transfer to the space industry,
including from the nuclear sector at nearby Dounreay and the
defense sector in Moray. Jacobs
will also examine potential socio-economic impacts in the region,
conduct a gap analysis and identify further investment and actions
required for a range of potential growth scenarios.
Highlands and Islands Enterprise is developing the Space Hub
Sutherland project, which is the first vertical launch site to
secure planning permission in the U.K. The site is slated to host
the Scottish-manufactured Orbex Prime low-carbon fuel rocket and
could begin launching low-earth orbit communication and observation
satellites as early as next year from a site on the Mhòine
Peninsula.
"Our research, economic modeling and strategy planning will
identify what needs to be done to create a space cluster of
specialized industries in northern Scotland, supported by supply chain, local
skills and talent, and infrastructure capable of sustaining its
growth," said Jacobs Critical Mission Solutions International
Senior Vice President Clive White.
"With estimates that the U.K.'s space industry will be worth
$5.6 billion (£4 billion) by 2030,
this is a huge opportunity for the area with potential to create
many high-value jobs. During this project, we will leverage our
teams supporting NASA, where Jacobs is the largest services
provider."
Space Hub Sutherland Project Director, Roy Kirk, said: "This project is important for
the prosperity of the Highlands and the opportunity to reach back
into Jacobs' deep experience and capability in the space sector,
plus their decades of local experience at Dounreay, is a critical
competitive advantage for us."
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With $14 billion in revenue and
a talent force of approximately 55,000, Jacobs provides a full
spectrum of professional services including consulting, technical,
scientific and project delivery for the government and private
sector. Visit jacobs.com and connect with Jacobs on
Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute
forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements,
including, but not limited to, the impact of the COVID-19 pandemic
and the related reaction of governments on global and regional
market conditions and the company's business. For a description of
some additional factors that may occur that could cause actual
results to differ from our forward-looking statements, see our
Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the
discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and our Quarterly Report on Form 10-Q for the quarter
ended April 2, 2021, and in
particular the discussions contained under Part I, Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Part II, Item 1 - Legal Proceedings; and
Part II, Item 1A - Risk Factors, as well as the company's other
filings with the Securities and Exchange Commission. The company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs