00:00Liverpool takes a giant leap as this city could play a key role in the future of space innovation.
00:07An agreement's been signed by Liverpool City Region Metro Mayor Steve Rotherham and Greater Manchester Mayor Andy Burnham
00:12with Axiom Space, the developer of the first ever commercial space station.
00:17The partnership will focus on space-based research, development and manufacturing in key areas like microgravity science and space technology.
00:25British astronaut Tim Peake has been instrumental in connecting the UK regions with space opportunities.
00:31His vision and the discussion between himself and the mayors have laid the foundation for this agreement.
00:36As industries across the globe will look to revolutionise with space-based manufacturing, biotech and communications,
00:43this collaboration ensures the North West plays a key role in the fast-growing sector,
00:47which is expected to be worth £490 billion globally by 2030.
00:53The partnership will focus on four main areas, space communications, AI, cyber security, environmental monitoring and ground-breaking research in biotech and medicine.
01:03Steve Rotherham said the Liverpool City Region has the talent, ambition and infrastructure to lead the way,
01:09attracting investment, creating high-skilled jobs and ensuring that space-based research delivers real-world benefits for people and businesses here on Earth.
01:18Actium Space is leading the way with its plans for the first commercial space station and advanced spacesuit development,
01:24opening the door to innovation in microgravity research.
01:27By tapping into the strengths of the Liverpool City Region Freeport Life Sciences Innovation Zone,
01:32this partnership could drive new discoveries, create jobs and boost economic growth.
01:37The North West is ready to lead the charge in the future of space and with this agreement, it's clear the stars are the limit.
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