Four Australian space manufacturers will share $13.9 million in grants through round one of the Modern Manufacturing Initiative (MMI) Translation and Integration streams to grow their businesses, integrate into global supply chains and commercialise and seize new export opportunities.
Among the grant recipients is Victorian rocket engine designer EffusionTech, which will use its $1.2 million in funding to develop and manufacture low cost, durable and high performance liquid fuelled rocket engines for the growing commercial launch market.
Another Victorian business, metal 3D printing firm Titomic, will use its $2.3 million grant to commercialise the manufacture of space vehicle and satellite parts using green titanium for Australia’s growing space sector and for overseas export.
NSW-based companies Q-CTRL and Romar Engineering have been awarded $4.5 million and $5.8 million in funding, respectively.
Q-CTRL will use the funding to expand the manufacture of novel remote sensing payloads for space deployment, whereas Romar Engineering will use its $5.8 million to manufacture and deploy space fluid and motion control products for future space missions.
Minister for Industry, Science and Technology Christian Porter said the grants would help bolster Australia’s reputation in the growing global civil space industry.
“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,” the Minister continued.
“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.”