The UK space agency revealed in an announcement on Friday about its plans to work with space tech companies Clyde Space and Outernet to provide worldwide space-based Internet access.

"A partnership with the UK Space Agency is a very exciting step for Outernet. It not only demonstrates a meeting of the minds on the importance of information access, but shows that there can be very concrete economic windfalls from doing enormous good in the world", the company's CEO, Syed Karim, said in a news release.

In order to supply the palm-sized CubeSats, collaboration is being planned by British satellite manufacturer Clyde Space with its two new partners. The CubeSats will live in low-earth orbit to beam data to handheld devices on the ground. If the plan becomes successful, space will have enough of them to pave the way for providing super-cheap Internet access to places where it is not possible to give Internet services with wires and terrestrial wireless.

The satellites have not been finalized yet and the project is in a very early stage. But you must not underestimate the plans as working with major space agencies will allow to make efforts and perform critical testing.

Twenty four satellites are being targeted by Chicago-based Outernet to be sent in space by 2016 to the system. An inflatable habitat for used in space has also been developed by Bigelow Aerospace. NASA has decided to pay $18 million for experimenting one of Bigelow's expandable habitats on the International Space Station. This will mark the first incidence of attaching a module to the space station since the space shuttle program concluded.

The inflatable module is named as the Bigelow Expandable Activity Module (BEAM) and will be carried by SpaceX rocket to the space station in September.