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Secretary of State David TC Davies says that progress is being made in growing the economy and spreading jobs, prosperity and investment across Wales.
The UK Space Agency (UKSA) has allocated 820,000 pounds ($1.03 million) to support the development of a new Space Technology Test Centre (STTC) in Wales.
Space research, manufacturing and testing facilities across the UK will get a boost thanks to a new fund from the UK Space Agency.
Spending announcements targeting key election seats in Wales are unveiled by Chancellor Jeremy Hunt.