Supporting the next generation of space entrepreneurs

Australia’s space industry continues to make leaps and bounds, with the Australian Space Agency today signing a Statement of Strategic Intent and Cooperation with Nova Systems.

Minister for Industry, Science and Technology Karen Andrews said the signing means more opportunities for joint investment in space systems and services.

“The Liberal-National Government is committed to supporting projects and partnerships in our space sector to create more Australian jobs and boost our economic growth,” Minister Andrews said.

Nova Systems offers specialist services, including engineering expertise, and has a strong commitment to Australia with 10 offices nationwide.

“The Australian Space Agency will help triple the size of our space sector to $12 billion annually by 2030, and create up to 20,000 new jobs, by working with partners like Nova Systems.

“Nova Systems will export Australian know-how to the world, by helping government and industry partners to deliver some of the most complex projects,” Minister Andrews said.

Head of the Australian Space Agency Dr Megan Clark AC welcomed the signing with the Australian based company.

“Space activities are a global business. We are looking to this next generation of Australian companies like Nova Systems to help build the capability and competitiveness of Australia’s space sector,” Dr Clark said.

“We want to inspire young Australians to pursue an education in STEM and support our space endeavours. We thank Nova Systems for their commitment to deliver specialist capability training to ensure a pipeline of thriving space engineers, leaders and entrepreneurs.”

Commenting on Nova Systems’ commitment to the Australian Space Agency, Steven Robinson, Chief Executive of Nova Systems Australia said, “Nova Systems has a strategic interest in solving problems of national interest through enabling satellite communications, next generation ground stations and space situational technologies.

“We are excited to collaborate and support projects and partnerships in the space sector that contribute to the generation of jobs, innovation and growth within the Australian economy,” Mr Robinson said.

The Liberal-National Government established the Australian Space Agency in July this year and is investing $41 million over four years in its development. It’s on top of the $1.1 billion National Innovation and Science Agenda, which sets a focus on science, research and innovation to drive jobs and economic prosperity.

“Science, technology and innovation creates opportunities that all Australians, from our farmers to retailers, are able to share in,” Minister Andrews said.

Media contact: Minister Andrews' office 02 6277 7070