The global space economy is worth $345bn © ISS/NASA

Australian space industry could grow to $12bn

14 May 2018

The Australian government has called on industry to play a key role in turning the country into a major space power by participating in global supply chains as it launches the Australian Space Agency (ASA).

The ASA will help Australian businesses win a greater share of the multi-billion dollar global space market and establish a new industry with the potential to create 20,000 jobs.

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Australian space industry could grow to $12bn

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