The PM says the Australian space sector is set to reach new heights and the agency will open doors for local businesses to access the $US345 billion global space industry.
“Our government’s $41 million investment into the agency will act as a launching pad to triple Australia’s space economy to $12 billion and create up to 20,000 jobs by 2030,” Mr Morrison said.
Premier Steven Marshall said South Australia was the ideal location for the space agency with a range of local businesses already established along with a rapidly growing defence sector.
“Establishing the headquarters of the Australian Space Agency in South Australia will launch our space and defence sectors to the next level,” he said.
