Federal Government backs space industry with $11 million in grants

Federal Government backs space industry with $11 million in grants

Developers of nano-satellites, space suits and virtual reality training simulators are among the recipients of $11 million in Federal Government grants targeted at the Australian space sector.

The Federal Government has unveiled the 10 recipients of an $11 million grant program intended to create jobs and improve skills in the space space.

Minister for Industry, Science and Technology Karen Andrews says the space industry is a key component of the country's COVID-19 pandemic economic recovery.

"The space industry is a key growth sector that will form an important part of our economic recovery and help us emerge from the COVID-19 crisis stronger than ever," Minister Andrews said.

"Investment in the space sector not only supports the creation of high tech jobs here in Australia, but also develops technologies that can support other areas of competitive advantage for our nation including agriculture and mining.

"This support will strengthen Australian business and university connections with international industry and space agencies, helping our businesses to prove themselves on the global stage and potentially secure more work in the future."

Head of the Australian Space Agency Dr Megan Clark AC says the projects demonstrate Australia's ability to develop highly advanced technology, diversify our economy and build workforce skills to participate internationally.

"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," says Dr Clark.

"These projects will demonstrate that Australia is not content to just catch up with other nations but can be a leader in space innovation on the world stage. We are proud to support Australia's emerging space sector and do our part in helping Australia recover from COVID-19."

The recipients of the $11 million in Federal grants include:

  • The University of Melbourne ($3,955,223) for its SpIRIT (Space Industry Responsive Intelligent Thermal) CubeSat mission, which involves the development of an innovative nano-satellite. SpIRIT will be the first Australian-made spacecraft to host a foreign space agency payload.
  • Akin ($1,531,200) to develop an Artificial Intelligence (AI) space crew with personas working together to help astronauts with complex system tests.
  • Silentium Defence Trading ($1,460,541) for its South Australian Multi-Sensor Space Observatory for Space Situational Awareness and Space Traffic Management.
  • Human Aerospace ($844,236) to create a spacesuit that eases bone loss and other unhealthy side effects of microgravity during prolonged space missions.
  • Skykraft ($878,193) for its design and qualification of micro-satellite constellation launch systems.
  • Saber Astronautics Australia ($788,792) for OSSO: The Open Source Space Operations infrastructure.
  • University of New South Wales ($691,500) for its Advanced Global Navigation Satellite System Receiver for CubeSats, Rockets and Remote Sensing.
  • University of Canberra ($432,494) for its VertiSense-Mitigation of Sensorimotor Effects of Simulated Weightlessness, a project to counter sensorimotor disturbances experienced by astronauts after spaceflight. 
  • Stamen Engineering ($217,821) for its Decision Support System for Collision Avoidance of Space Objects.
  • Raytracer ($200,000) for its Underwater Virtual Reality Training Simulations for Astronauts.

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Business News Australia

Get our daily business news

Sign up to our free email news updates.

 
Unpacking equity: Finding your funding fit
Partner Content
Armed with a growing business and a great opportunity, a business owner’s next challe...
Australian Business Growth Fund
Advertisement

Related Stories

Mollymook Beach startup Gravity Drinks fizzing on $1m seed raise

Mollymook Beach startup Gravity Drinks fizzing on $1m seed raise

An Australian seltzer startup that recently started ranging in clos...

Staff cuts and sales growth lift earnings at Airtasker

Staff cuts and sales growth lift earnings at Airtasker

A decision last year from online services marketplace Airtasker (AS...

ASIC tips ‘ASX Wolf’ Tyson Scholz into bankruptcy over $500,000 in court costs

ASIC tips ‘ASX Wolf’ Tyson Scholz into bankruptcy over $500,000 in court costs

Social media ‘finfluencer’ Tyson Scholz, widely known a...

Berchtold lands on her feet as Mosaic Brands names former Iconic boss as new CEO

Berchtold lands on her feet as Mosaic Brands names former Iconic boss as new CEO

After being thwarted from taking on the top job at Best & Less ...