The ACT Government is supporting new satellite technology developed in Canberra that will deliver global air traffic management services.
The technology is being developed by local company Skykraft, which was spun out of UNSW Canberra. Skykraft will collaborate with other space industry players in our region including Xtek, Cingulan, UNSW Canberra and the ANU’s National Space Testing Facility.
This demonstrates how Canberra’s scientific and business institutions are working together to grow our space industries with the ACT Government’s support.
Skykraft’s innovative ‘SmallSats’ approach involves a constellation of smaller satellites spread out at different orbits to provide the global coverage and reliability needed for air traffic management.
Our investment will support local jobs in this growing sector by creating a $62 million opportunity for Skykraft to develop local supply chains for the niche SmallSats market.
The project has also gained international investment, expertise and involvement from Indra, a Spanish multinational technology company.
The ACT Government is providing a $1 million investment through the Priority Investment Program complemented by $1.2 million and in-kind contributions from Skykraft, UNSW Canberra, Xtek and Equatorial Launch Australia.
The Priority Investment Program was established to work with industry, research and the tertiary sectors to attract investment and grow established and emerging priority areas of Canberra’s economy.
More information about the program can be found at Innovate Canberra website.
- Statement ends -
Section: Mick Gentleman, MLA | Media Releases
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