Launching space manufacturers to
new heights in SA
3 March 2022
Joint media release with Minister
for Finance Senator the Hon Simon Birmingham, Minister
for Science and Technology the Hon Melissa Price MP and
Premier of South Australia the Hon Steven Marshall MP
The Australian space industry is
being rocketed to new heights with the Morrison
Government investing $20 million in a job-creating
satellite manufacturing hub in South Australia that will
accelerate the sector’s growth.
The Government has today announced
grant funding support for Fleet Space Technologies’
Australian Space Manufacturing Hub under the
Collaboration Stream of the $1.3 billion Modern
Manufacturing Initiative – to be located at Australian
Space Park at Adelaide Airport.
The South Australian Government is
also contributing $20 million towards the $66 million
project which is expected to create 221 local jobs, as
well as more than 1000 others indirectly.
The Federal and State funding will
supplement industry investment into the Australian Space
Park by Fleet Space Technologies, AT Space, Alauda and
Q-CTRL.
The purpose-built facility will
drive collaboration between Australia’s local space
manufacturers to build innovative satellites and
rockets.
It will make South Australia the
largest manufacturer of satellites in Australia.
Globally, the space sector is
expected to grow from US$350 billion to US$1 trillion by
2040.
The rapid pace of commercialisation
in space activities presents an immense opportunity for
Australia.
Minister for Industry, Energy and
Emissions Reduction Angus Taylor said the Modern
Manufacturing Initiative funding is about creating more
opportunities to grow our local space industry,
unlocking further investment and delivering the skilled
jobs we need now and for the future.
“Space technologies are drawn on
every day by Australians when using navigation systems
in their cars and smartphones, by farmers to monitor the
health of their crops and by emergency workers to plan
and respond to bushfires,” Minister Taylor said.
“This is a huge opportunity for
Australia. Our space businesses are already
globally-recognised but these investments are about
driving their potential to scale up and create more
high-value jobs for Australians.
“Not only will this investment in
South Australia help grow our space sector, it will
foster the next generation of space manufacturers and
researchers.”
Minister for Defence Industry and
for Science and Technology Melissa Price said this
investment will help future-proof the space sector by
making it more self-sufficient.
“This project will lock in
Australia’s ability to deliver along the entire space
supply chain,” Minister Price said.
“From research and design through
to manufacture and operation, Australia’s credentials as
a leading space nation are going to be significantly
strengthened by this investment.”
Minister for Finance and Senator
for South Australia Simon Birmingham said this high-tec
manufacturing hub would take South Australia’s space
sector to a completely new level.
“This is further reinforcement that
South Australia really is the space state,” Minister
Birmingham said.
“Following private and Marshall
Government commitments, our Government’s $20 million
investment is the final piece of the puzzle to get this
manufacturing hub off the ground and will unlock at
least another 1000 space related jobs.
“This project is all about creating
real manufacturing jobs. We’ve already secured new
manufacturing jobs this week in one of the fastest
growing sectors of food production and now we’re
delivering new manufacturing jobs in making satellites
here in SA.”
Premier Steven Marshall today
thanked the Federal Government for yet again confirming
South Australia as the country’s space state, saying the
South Australian Space Industry has never had a stronger
future.
“The space sector is good for
business and good for jobs,” Premier Marshall said.
“Not even the sky is the limit when
it comes to opening new opportunities for our kids and
grandkids in the Space Industry.
“This election is all about
building a stronger future and opening new opportunities
for South Australians – and the space sector does both.
“South Australia is unequivocally
the Space State – we have already created nearly 1600
space jobs in the state and today’s announcement is
going to see that number take off.
“We are the home of the Space
Discovery Centre, Mission Control, the Australian Space
Agency, the Australian Space Park and more than 90
space-related companies are already based right here in
SA.
“This sector is going gangbusters
and it’s going to mean our young South Australians can
have a rewarding career in the space sector right here
without having to move interstate or overseas.”
Working with a range of partners,
Fleet Space Technologies will help local companies in
neighbouring industries like defence, communications and
precision engineering enter the space supply chain and
harness local robotics and automation expertise.
This work will further build
capability for use in missions to the Moon and beyond,
as well as refining technologies that can help us here
on earth, such as agricultural management through earth
observation.
SAVE THE DATE -
Australasia Satellite Forum 2022
14 & 15 June 2022
|