The Royal Society is calling for a new UK Space Agency to replace the existing British National Space Centre.It says there is currently a lack of funding and authority to represent the country's space interests on the international stage.
The society claims valuable commercial opportunities are being lost to other countries with stronger, more high profile space agencies.
The government is at present engaged in a review of UK space policy.
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That being said, you're going to need a lot more spy satellites this century than last.