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Australia: Space

Market opportunity: Space

Key details

Opportunities: 

  • Satellite technology
  • Ground stations and systems
  • Space applications and data processing

Country: Australia

Sector: Space

Summary

Although the Australian space industry is in its early stages, recent investment by the Australian government has set its ambitious intention to increase capability, particularly through the establishment of the Australian Space Agency in 2018.

This means that there's a lot of scope for Scottish companies to tap into the Australian space market. Modern technology can help you take advantage of the country’s size and geographic location.

Many of Australia's strengths and projected areas of growth lie with downstream technology. It's an ideal location for various launch activities, such as suborbital rocket launches. It's also an attractive alternative access point to the Northern Hemisphere.

The UK-Australia Space Bridge supports space sector trade and investment between Scotland and Australia, as well as research and development and access to funding.

Scottish Development International is actively engaging with the Scottish Space Leadership Council to identify potential suppliers.

Scale of opportunity

The Australian government has set several ambitious goals for the space industry:

  • Tripling the size of the sector to $12 billion AUD (around £6.7 billion)
  • Creating 20,000 jobs by 2030
  • Growing the sector at an annual rate of 8.5%
  • Reaching inbound investment of $1 billion AUD (around £550 million)

Eligible companies

Scottish companies who can help deliver Australia’s strategy in the following fields are encouraged to consider this export market:

  • Communication technologies and services
  • Earth observation
  • Robotics and automation (on Earth and in space)
  • Leapfrog R&D situational awareness and debris monitoring
  • Position, navigation and timing
  • Access to space

Register your interest

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Register your interest

Register your interest

Get in touch with our in-market specialists to find out more about this export opportunity.