To Infinity and Beyond: South Australia to Establish a Space Park
South Australia will be home to Australia’s first dedicated space manufacturing hub creating current and future space jobs.
In an exciting announcement, a Space Park will be established cementing South Australia as the Space State. Four companies are partnering with the South Australian State Government to develop the space sector at this purpose-built facility - Fleet Space Technologies, Q-CTRL, ATSpace and Alauda Aeronautics.
“It is fantastic to have four amazing companies partner with the South Australian Government on this initiative, with Fleet Space Technologies, Q-CTRL who we welcome to our state as they expand their Australian presence beyond New South Wales, ATSpace – a brand new Australian company and Alauda Aeronautics partnering and co-investing in the Australian Space Park to further develop the space value chain to meet the needs of satellite and rocket manufacturers,” said South Australia Premier Steven Marshall MP.
With the Australian Space Agency and Mission Control already based in Adelaide, the Space Park will boost manufacturing capability and capacity. The focus of the Space Park will be on collaboration and production of small satellites and their payloads, rockets, electrical vertical take-off and landing vehicles (eVTOL), and supporting componentry and technical systems.
The South Australian government will contribute $20 million to the Australian Space Park, which is anticipated to create approximately 220 highly skilled space industry jobs in the first two years of operation.
“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,” said Premier Marshall.
“My Government has unashamedly adapted a pro-growth, pro-economy agenda and transforming South Australia into the undisputed Space State is a key part of future-proofing the jobs-economy for our children in the decades to come.”
Discussions with Adelaide Airport are ongoing as a potential location for the Space Park. Adelaide airport was identified as an ideal location by an industry consortium due to its proximity to existing traditional aerospace companies and the central business district and innovation precinct, Lot Fourteen, which is home to a growing community of space companies.
“We’re excited to be identified as the potential site of the Australian Space Park,” said Adelaide Airport Managing Director, Mark Young.
“In addition to our central location, we offer suitable land opportunities both for the hub as well as room for growth and to attract like-minded businesses keen to play a role in the growing space sector.”
As the focal point of Australia’s space endeavours, South Australia is presently targeting an annual growth rate in the space sector of 5.8% over the next decade.
“We are delighted to be part of a facility that is the first of its kind in the Southern Hemisphere,” said Flavia Tata Nardini, Co-Founder and CEO of Fleet Space Technologies.
“Indeed, we are proud to be part of South Australia’s growing status as a centre of excellence for space technology on the global stage.”
YouTube Credit: Trade and Investment - South Australia