Australia launches new space manufacturing hub for flying vehicles, rockets and satellites to propel local sector into a $12billion industry
- Australian Space Park will be purpose-built in Adelaide, South Australia
- Will produce satellites, rockets, electrical vertical take-off and landing vehicles
- South Australia government will inject $20m and partner with four companies
- Space sector’s contribution to GDP expected to be over $12 billion per annum
Australia’s first dedicated space manufacturing hub will be established in Adelaide to help produce everything from small satellites to flying vehicles.
The South Australian government will partner with four companies to set up the Australian Space Park with the government investing $20 million in the new facility.
It will boost the state’s space manufacturing capability at a purpose-built site with companies focusing on the production of small satellites, rockets, electrical vertical take-off and landing vehicles and supporting componentry and technical systems.
Premier Steven Marshall said the government was transforming SA into the undisputed space state as a key part of future-proofing jobs for decades to come.
‘The creation of the Australian Space Park signals our commitment to the South Australian and Australian space sector by bridging the gap between research and development and prototyping to production at scale,’ he said.
The South Australian government will partner with four companies to set up the Australian Space Park for companies focusing on the production of small satellites, rockets and electrical vertical take-off and landing vehicles (stock image of the International Space Station)
‘The hub aligns with Australia’s space strategy that aims to triple the space sector’s contribution to GDP to over $12 billion per annum and create up to an additional 20,000 jobs by 2030.
‘The Australian Space Park is the next step in positioning Australia’s space community to deliver the entire space value chain, enabling the design, manufacture, launch and mission control of new space capabilities.’
Fleet Space Technologies Chief Executive Flavia Tata Nardini said the space park would enhance Australia’s growing reputation for industry capability within the global space and advanced aerospace sectors.
‘We are delighted to be part of a facility that is the first of its kind in the southern hemisphere,’ Ms Tata Nardini said.
‘The opportunity to collaborate with leading minds in our field in a dedicated facility like this will accelerate progress for our entire industry.’