Southern Launch Welcomes Funding Boost for the Australian Space Industry

Southern Launch welcomes today’s announcement of a $65m Space Infrastructure Fund by the Australian Federal Government.

As Australia’s sole company with space launch facilities licensed to undertake space launches, today’s announcement broadcasts to the world that Australia is serious about a vibrant space launch capability in our nation.

Launch creates a centre of gravity that underpins an enduring broader space industry, and today’s announcement underscores an important strategic step towards Australia reaching that milestone.

With a mature rocket and satellite customer base, Southern Launch looks forward to utilising the fund to develop critical infrastructure that will shepherd more launches from our Whalers Way Orbital Launch Complex and Koonibba Test Range into space.

Lloyd Damp CEO “Today’s announcement of Federal support for the development of space launch facilities, and under the strategic guidance of Mr Enrico Palermo from the Australian Space Agency, accelerates our nation’s ability to become a global leader in space launch activities. I look forward to the not-too-distant future when all Australians can take pride in our national space future.”

Media: Shivawn Young on +61 432 673 215 or shivawn.young@southernlaunch.space