The federal government will invest $2 million to support the space manufacturing facility at the Western Sydney Aerotropolis, which hopes to "boost and transform the local and national space industry".
Minister for Industry, Science and Technology Karen Andrews said the funding would "complement the MoU, which outlines key industry and infrastructure opportunities that will bring massive benefits to the state and national space economies".
“The coalition is committed to taking our space industry to the next level, and working closely with the Berejiklian government will assist us to achieve this mission,” Minister Andrews said.
“We are contributing $2 million to support the development of infrastructure to help start-ups and SMEs in western Sydney deliver future space manufacturing capability.
“The Liberal National government established the Australian Space Agency last year and is investing $53 million over four years to grow the Australian space industry.
“Investments into Australia’s burgeoning industries are part of our plan to grow the economy and help reach our target of creating 1.25 million jobs in the next five years.”
The ASA will work with the state government for the design and development of infrastructure required for the Aerotropolis, for start-ups, SMEs and researchers to develop future space manufacturing capability.
“Facilities such as these support the development of high-tech skills for the space sector, provide infrastructure to support the development of new space objects, and will be the central hub around which new space start-ups and SMEs come together," said NSW Minister for Trade and Industry Niall Blair.
“There’s a lot of potential at the Western Sydney Aerotropolis, which could be the central hub around which new space start-ups and SMEs could collaborate.”
The NSW government also confirmed it would contribute funding for the project.
Head of the Australian Space Agency, Dr Megan Clark, AC, said, “The agreement and facilities will help to grow and develop our national space industry.
“The Australian Space Agency is pleased to be a part of growing a significant global aerospace presence in western Sydney.”
The ASA also confirmed that "more MoUs" with state governments are "expected to follow".
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