woodtom: @lorddrayson so come clean, will we have a UK NASA?
lorddrayson: @woodtom Watch this Space. :-)

Rocketeer comments: As I think I've said before, I kind of have mixed feelings about this. In the sense that it shows an increased political priority for space policy, it's potentially a good thing, but I don't want to see another bloated bureaucratic monster like NASA. An agile, responsive agency working on key enabling technologies in the DARPA model would be better, I think.

I also don't want it to be called BNSC, because of the longtime confusion with the NSC in Leicester. I kind of like the name SEDA for Space Exploration and Development Agency -- because we'll go places, and build stuff when we get there.

UPDATE: Hyperbola suggests July 22nd as the date for the Great Unveiling:-

• Will 22 July become UK space agency day? -- Hyperbola