A number of Australian space projects have received a major funding boost from the Australian Government, receiving grants to boost businesses and jobs across the space community. A total of $11 million has been awarded to 10 projects in hopes to grow Australia’s space sector whilst also contributing to the nation’s economic recovery from the COVID-19 pandemic.
These grant packages are a part of the Australian government’s International Space Investment Initiative which was announced in October 2019, aiming to help stimulate growth of the space sector by providing $15 million to strategic space industry projects.
One of the goals of this initiative is to work towards tripling the size of the Australian space sector and creating 20,000 jobs by 2030. These particular grant packages, called the Expand Capability Grants, were valued up to $4 million, and were open for application between 5 November and 17 December 2019.
The Head of the Australian Space Agency, Dr. Megan Clark AC, commented on the importance of Australia developing highly advanced technology, such as that showcased in the projects chosen for these grants.
“These outstanding projects demonstrate the breadth and quality that our small and medium-sized companies and researchers have to offer, from space suits to advanced chip manufacturing,” she said.