Space to grow
The Australian Space AgencyExternal Link aims to triple the national space economy from AU$4 billion to AU$12 billion and create 20,000 jobs by 2030.
NSW is best placed, economically, politically and geographically, to maximise the benefits to business from this new space era.
NSW is the leading Australian state for space capabilities and activities:
50% of Australia's space export revenue is generated by NSW organisations.
41% of all Australian space businesses are based in NSW.
Organisations with headquarters in NSW generate up to 75% of Australia's space-related revenue.
NSW is the leading state for space innovation and entrepreneurship, with 38% of all Australian space start-ups based in NSW.
NSW is a leader in space education and training with 31% of Australian university departments active in space based in the state. Around 30% of people involved in space activities are based in NSW, the largest percentage of any state.
NSW has the broadest and deepest space capabilities in Australia, including:
- advanced manufacturing
- high-tech instrumentation
- smart payloads development
- space situational awareness
- satellite systems
- space medicine and biology
- commercialisation of space data.
NSW is also home to the largest base of space technology customers in Australia. There are opportunities for businesses to expand their service offerings across a range of industry sectors including agriculture, defence and finance.
Tap into a collaborative and growing local space sector
The NSW Government supports the growing NSW space ecosystem through 4 key initiatives.
Our newsletter, The Orbital, is the best place in the world to stay up-to-date on what’s happening in Australia’s premier space state NSW.
Contact Investment NSW to learn more about space, and how your organisation can benefit from working in NSW