The federal government is encouraging Australian space manufacturers to seize opportunities to expand into global supply chains through the $1.3 billion Modern Manufacturing Initiative.
The MMI, the centrepiece of the federal government’s $1.5 billion Modern Manufacturing Strategy, is designed to position Australia as a globally recognised, high-quality and sustainable manufacturing country.
Under round one of the Integration and Translation streams of the MMI, four space companies will share in almost $14 million in funding. One of these space companies is rocket engine designer, EffusionTech.
EffusionTech, with $1.2 million in funding, will develop and manufacture low cost, durable and high-performance liquid fuelled rocket engines for the growing commercial launch market.
Australia has unique opportunities in space manufacturing, according to minister for Industry, Science and Technology Christian Porter.
“These grants will help bolster Australia’s reputation in the growing global civil space industry and build on the important work being led by our Australian Space Agency,” Porter said.
“From satellites to componentry in sensors and even rocket engines, Australian manufacturers are drawing on our existing advanced manufacturing expertise to launch into new exciting local and global markets.
“This funding is about creating more opportunities to grow our local space industry, unlocking further investment and delivering the skilled jobs we need now and for the future,” he said.
Some of the other successful space manufacturers under the MMI are:
- Titomic in VIC – $2.3 million in funding to commercialise the manufacture of space vehicle and satellite parts, using green titanium for Australia’s growing space sector and for overseas export.
- Q-CTRL in NSW – $4.5 million in funding to expand the manufacture of novel remote sensing payloads for space deployment.
- Romar Engineering in NSW – $5.8 million in funding to manufacture and deploy space fluid and motion control products for future space missions.
Successful projects under the Integration and Translation streams of the MMI in the Medical Products, Resources Technology and Critical Minerals sectors will be announced soon.
Other National Manufacturing Priority areas will follow, with the remaining sectors including Food and Beverage, Recycling and Clean Energy and Defence.
Given the positive response from industry and the strength of applications in this initial round, the federal government has increased funding from $140 million to $200 million.
To learn more about the Modern Manufacturing Strategy and the MMI, visit www.industry.gov.au/manufacturing.