Australian Space Industry Update
1 July 2021 - Today The Hon Christian Porter, Minister for Industry, Science and Technology, announced new measures to help grow Australia’s civil space sector.
Southern Launch welcomes the Government’s announcement that it has begun negotiations on a new bilateral Technology Safeguards Agreement. After a successful, efficacious negotiation, this agreement will unlock the US space market, allowing the Australian space sector to engage more freely with US space organisations and realise Australia’s full space market potential.
Southern Launch welcomes the deferral of cost recovery on launch applications for another year as it will allow launches from Australia to be more commercially competitive when compared to the global market, and encourages the Australian Space Agency to continue to reassess the scheme for the longer term.