CSA Catapult Economic Impact Assessment Report

This report is an economic impact assessment of CSA Catapult, which operates in Newport and supports private sector businesses by providing infrastructure, systems, and processes for developing working prototypes of new devices. The report examines the economic effects associated with CSA Catapult's commercial and collaborative R&D activities since its inception in 2019. It documents the involvement of 176 firms and institutions in 156 R&D projects, highlighting improvements in supply chains, manufacturing capabilities, and contributions towards net zero targets. The report provides data on employment growth within CSA Catapult, noting an increase from 62 to 96 employees, and emphasizes the role of CSA Catapult in the local economy of South Wales. The analysis includes metrics on job creation and safeguarded employment, as well as productivity growth among partner firms. Furthermore, it discusses the challenges faced by the UK manufacturing sector during the Covid-19 pandemic and the cost of living crisis, while noting that many collaborating industries managed to grow employment despite these challenges.