The Australian Space Agency (ASA) and IT company Speedcast International have agreed to co-operate on key space technologies.
Speedcast, described as the world's largest provider of remote communications and IT services, said it was committed to developing the next generation of space innovators.
“This groundbreaking space initiative builds on our long history of providing connectivity services to emerging markets, and will advance global communications while driving economic growth opportunities in new regions,” said Speedcast chief executive Pierre-Jean Beylier.
ASA head Dr Megan Clark said, “We acknowledge the investment Speedcast is making in the Australian space sector, through the export of Australia's satellite intellectual property and research and development to new areas."
Through the statement of co-operation signed on Friday, Speedcast will support the Space Agency's objective of tripling the size of Australia’s space sector and creating 20,000 new jobs by 2030.
Their statement of co-operation refers to the Australian Civil Space Strategy 2019-2028 and identities key fields in which Australia will concentrate its development of the space sector.
That includes communications, position, navigation and timing, space situational awareness and debris monitoring, leapfrog research and development, Earth observation, robotics and automation on Earth and in space, and access to space.
Sydney-based Speedcast International said it is investing in the Australian space sector to accelerate satellite research and development into new areas for driving growth.
That includes satellite managed services in support of sovereign and international satellite operators, advanced internet of things (IoT) capabilities and space connectivity applications for key economic sectors, new products, software and services that leverage the company's leadership position in maritime and mobility connectivity, and value-added services in collaboration with partners and suppliers.
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