Space

| November 7, 2017

Commercial space services have become major global industries, spearheading technological advance, social change and economic growth.

The recent announcement by the Australian Government in support of a national space agency gives hope that Australia can claw back the vast distance that has grown between us, and our peers, in this area.

With limited resources available on Earth it would seem pertinent that we look to those available elsewhere. With the growth of commercial rockets, through SpaceX, Virgin Galactic and XCOR ,the reality of being able to tap in to these resources are tangible.

Brian Cox, the global science sensation currently touring Australia, confirmed on the 7:30 Report that space is “undoubtedly one of the growth industries” and that we should get on board supporting a national space agency.

Commercial space services have become major global industries, spearheading technological advance, social change and economic growth. With modest government and industry support, Australia could develop a globally competitive domestic space industry worth up to AU$3 billion a year in export revenue and creating 5,000 new high-tech jobs by 2027. The Australian Government is the largest customer of space-derived information and so has most to gain from cheaper, more secure domestic services.

I welcome your comments on the exciting developments in this area. Please contact me on editor@openforum.com.au if you have an article you would like to share.

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