Science & Technology Australia prepared this submission for the Review of Australia’s Space Industry Capability, led by the Department of Industry, Innovation and Science.
It is the view of Science & Technology Australia, representing more than 68,000 STEM professionals, that the opportunities for this nation in the commercialisation of space are considerable. The sector as a whole represents $3-4 billion annually, a figure that has grown at a yearly average of 9.5% over nearly two decades to 2015. This indicates it could be a significant and continued economic driver for the nation as a whole.
You can read the submission in full by following the link.