The federal government has announced a $52 million grant to assist a Gilmour Space Technologies-led consortium build new manufacturing and test facilities for launch vehicles and satellites, as well as a spaceport in north Queensland.
The funding under the Modern Manufacturing Initiative’s Collaboration stream went to the Australian Space Manufacturing Network. The Queensland government-supported group announced plans last September to build three new facilities, each in Queensland:
(1) a common test and manufacturing facility, enabling members to advance their space research and technology development at lower cost;
(2) an advanced manufacturing facility for building commercial rockets and satellites, anchored by Gilmour Space; and
(3) an orbital spaceport at Abbot Point near Bowen in North Queensland, that will help bring many of these products to space.
The total value of the project is $157 million. It will support an estimated 850 new jobs, including 350 highly skilled engineering and technical roles, according to a statement from federal industry minister Angus Taylor on Friday.
“From testing to manufacture, to assembly and finally launch, this project will harness great Aussie know-how to attract further private investment and create hundreds of high-skilled and high-value jobs,” said Taylor.
Founding members of the ASMN include Electro Optic Systems; ARM Hub (Advanced Robotics for Manufacturing); Amaero International Ltd (ASX:3DA) and Earth Observation Australia Inc.
The grant is the second collaboration stream grant awarded to a Queensland group this week, following $33.4 million to the Turbine Collaborative Food and Beverage Manufacturing Precinct on Wednesday.
Collaboration stream grants can be worth between $20 million and $200 million, aiding “large, transformational projects,” with business-to-business or business-to-research collaboration at their core. They can cover a maximum of 33 per cent of a project’s total cost.
Picture: uq.edu.au
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Congradulations to the Hysata group for overcoming a number of the diffuculties in hydrogen production from water. This Tech has the potential to make smaller mobile units much more possible. 🙂
A vehicle that carrys water as its fuel and can generate on the go has tested many minds for decades, is much safer in a crash, is much safer to transport to dry areas, is available at much shorter distances than ports, and can use current fuel delivery systems for FAST refueling. Nothing explosive or high pressure. GO HYSATA !!!!
Again this Tech is another that must be protected by law from the patents every being sold off to overseas people or companies. This is not just about national security. It has the potential to make fuel for people’s movement both safe, no toxic safe to handle easily accessably and best of all CHEAP to get. We would not need to develope specialised fuel transport. Nor specialised storage systems, not have to replace the fuel pumps in locations where fuel stations are left in place to cover the supply issues.
Big Dollar Fuel companies would lobby very hard against this. Howeverd it would halt the flow of $ out of our country that we pay for fuel, ANOTHER BOOST to our economy!!!
This will add up to be a huge BOOST to our whole economy!!. HYSATA, You have HUGE potential. Keep Fuel companies/and their financial matrs OFF your board and out of your shareholders!!!
You will be Great, Martin Falls