SCOTTISH locations are among proposed sites for the first UK space launch after new regulations came into force.

UK Transport Secretary Grant Shapps has announced the new rules provide a framework to regulate the space industry and will unlock “a potential £4 billion of market opportunities over the next decade”. The first launch is expected to take place next year.

It would be the first time a spacecraft or satellite has taken off from a European country, the Department for Transport (DfT) said.

Many European companies currently launch from a site in French Guiana, South America. Proposed locations for UK spaceports include the Western Isles, Glasgow, Machrihanish, Sutherland and Shetland.

Newquay in Cornwall and Snowdonia in North Wales are the other proposed locations.

It is hoped the UK space industry will launch satellites to improve satnav systems and boost the monitoring of weather patterns and climate change. Space tourism trips and hypersonic flights – which are faster than the speed of sound – will eventually launch from the UK, the DfT claimed.

The Civil Aviation Authority (CAA) has been formally appointed as regulator of the UK space industry following 18 months of preparation.

The body announced it is ready to receive applications for launch licences.

Colin Macleod, head of UK space regulation at the CAA, said it has built an “experienced team working across policy, engineering and licensing”.

He added: “We will act in a safe, secure and sustainable manner to protect the people and property involved, other airspace users and enable a growing and active space industry.”

Safety incidents involving space flights in or over the UK will be investigated by the Air Accidents Investigation Branch, which already examines aviation accidents.

Crispin Orr, chief inspector of spaceflight accidents, said: “Our inspectors will conduct spaceflight investigations with the same rigour, expertise and professionalism that we are renowned for in aviation.”

Shapps added: “We stand on the cusp of the new commercial space age, and this is the blast-off moment for the UK’s thriving space industry, demonstrating the Government’s commitment to put Britain at the global forefront of this sector.”