Tag: Space Industry

  • Adelaide Airport’s Australian Space Park fails to launch

    The Australian Space Park was first announced in December 2021 amid claims it would secure South Australia’s status as the nation’s leading satellite manufacturer. A $20 million shared assembly and integration plant had been promoted by the former Marshall Government as a means of helping businesses build the technology demonstrators they needed to gain space…

  • Question time on uni merger | Spin doctor pay packets | Live CuttleCam shows off natural wonder

    Uni merger questions send Treasurer into orbit SA space industry figures demoralised by recent federal cuts to space programs should be buoyed to know state Treasurer Stephen Mullighan isn’t ruling out building another Cape Canaveral in Adelaide. Mullighan’s opposite number Matt Cowdrey was doing his level best to pry out information about government funding for a proposed…

  • Earth observation scrapped while Moon gets tick

    Fleet Space Technologies has been awarded a $4m contract with the Australian Space Agency as part of the agency’s “Moon to Mars: Demonstrator” program. Fleet Chief Exploration Officer and Co-Founder Matthew Pearson said Fleet will use the direct-to-satellite seismic arrays technology it has developed to find minerals on Earth to create a device tailored for…

  • Orbiting Neumann thruster empowers local space startup

    Developed by Neumann Space, the drive was sent into orbit aboard a SpaceX Falcon 9 rocket that launched from Vandenberg Space Force Base in California at 7am Tuesday Adelaide time. The Lot Fourteen-based company is now waiting for the satellite to establish a telemetry link with the ground to then begin testing the drive, which is a…

  • Adelaide space firm value skyrockets after fundraising round

    Adelaide space firm value skyrockets after fundraising round

    The Beverley-based satellite company raised a total of A$50 million through Australasian venture capital firm Blackbird, which more than doubled the company’s valuation to around $350 million. The new funding from Grok Ventures, Alumni Ventures and Hostplus came after Fleet exceeded growth expectations and was contributed to by new investors such as TelstraSuper, Bondi Partners/The 1941…

  • SA space rescue mission over funding cut

    Three space projects lost funding, including the Spaceport Program and a key supply chain sub-program of the Moon to Mars program overseen by the Australian Space Agency that is headquartered at Lot Fourteen in Adelaide. The blow comes as participants at the Australian Space Forum in Adelaide this month heard the event is shifting one…

  • Getting Australia ready for lift-off

    Space is now open for business, and Australia has the opportunity to become a genuine global player in this multi-billion-dollar industry. While existing assistance measures available to the sector – such as the R&D Tax Incentive and the imminent National Reconstruction Fund – are important, securing Australia’s position in the growing global space industry will…

  • Space sweeper designed to vacuum up satellite debris

    The space industry – and space junk – is booming, literally. Every year, a handful of satellites inexplicably explode, slowly filling heavily trafficked space lanes with deadly debris. The International Space Station has had to take evasive action more than 32 times since it settled into orbit in 1999. Last December, a tiny fragment punched a hole…

  • Airbus hails new Adelaide station

    The company’s first South Australian office, set to open in October, will be the research hub for the Defence Department’s “Resilient Multi-mission Space STaR Shot” (RMS) program, responsible for developing future space capabilities and sovereign satellite technology for the ADF. The program has been tasked with designing, manufacturing, launching and operating at least four small…

  • How central Queensland wants to wean itself off coal and back-breaking jobs

    There is a lot at stake. The region’s significant wealth has been underwritten by coal. Five of the top 10 postcodes for high salaries in Queensland were in the central Queensland coalfields. Adding to the problem for the region was that politics had become more challenging with the new MP for Dawson, Andrew Wilcox, a…