territory space industry 2020

https://business.nt.gov.au/business/space-in-the-northern-territory/territory-space-industry-2020

https://business.nt.gov.au/business/space-in-the-northern-territory/territory-space-industry-2020

Last Friday the Territory Space Industry 2020 strategy was launched with the Australian Space Agency.

The strategy was co-launched by Dr Megan Clark, head of the Australian Space Agency (the Agency). The Territory Government is working collaboratively with the Agency and other jurisdictions to develop Australia’s space industry to drive investment, create jobs and position Australia as a key participant in the global space economy.

With technology shifts driving growth in the commercial space industry, Australia has the potential to capture a greater share of the global industry and this strategy provides a framework for the Territory to become a greater part of this.

The establishment of the Australian Space Agency in 2018 , together with its goals of tripling the size of the domestic space industry to $12 billion, has placed a renewed focus on the development of Australia’s space economy.

Territory space industry 2020 aims to position the Northern Territory to take advantage of this opportunity by:

  • growing the Territory’s space industry capabilities
  • connecting Territory industry and businesses with the Australian and global space economy
  • supporting the Territory economy to become ‘space-enabled’ and benefit from advances in the space sector that will lead to growth, jobs and innovation.

To achieve this vision, Territory space industry 2020 outlines four key focus areas:

  1. build knowledge, awareness and enthusiasm for the Territory space sector
  2. support the Territory space project proponents and undertake investment attraction activities
  3. support Team Australia’s approach to growing the space sector’s contribution to the Australian economy
  4. increase community engagement with space

Get a printable version of the Territory space industry 2020 (1.7 mb)

For more information, head to Space in the Northern Territory

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