Orbex's Prime rocket reaching technical readiness represents a significant achievement that brings together key elements of the ground infrastructure and prototype launch vehicle for the first time and is a major step forward for the company and for the U.K. launch industry.

The U.K. Space Agency supported the development of Orbex's Prime rocket with £5.5 million of funding, as part of the government's plans to enable small satellite launch from U.K. spaceports.

With the first integration of a full scale Orbex prototype launch vehicle on a launch pad now complete, the company will enter a period of integrated testing, allowing dress rehearsals of rocket launches and the development and optimization of launch procedures.

Orbex recently revealed their first test launch platform at a new test facility in Kinloss, a few miles from the company's headquarters at Forres in Moray, Scotland.

Science Minister George Freeman said: "This is a hugely exciting time for the U.K. space and satellite sector as we count down to the first satellite launches from U.K. spaceports later this summer. Orbex Prime is a remarkable feat of engineering from a British rocket company, pioneering more sustainable and innovative fuels that cut carbon emissions.

Satellites help run the internet and television and are central to the Global Positioning System. They enable modern weather forecasting, help scientists track environmental degradation and play a huge role in modern military technology.

Nations that don't have their own satellites providing these services rely on other countries. For those that want to develop their own satellite infrastructure, options are running out as space fills up.

I am a research fellow at Arizona State University, studying the wider benefits of space and ways to make it more accessible to developing countries.