The Australian Space Agency has signed Memorandums of Understanding with its counterparts in the United Kingdom and Canada. As a supplier to the aerospace market, we here at Interconnect are glad to see the local space industry beginning to build momentum. But what exactly does the partnership agreement mean for the future of the Australian space industry?
What does the agreement involve?
The Memorandum was signed at the International Astronautical Congress in Bremen, Germany and provides a framework for the nations to work together to share information, technology and personnel. There's also scope for co-operation to develop communications technology, space situational awareness and satellite navigation too. All in all, it's a great opportunity for the countries to be able to work together and build off each others innovations and technological leaps.
Karen Andrews MP, Australian Minister for Industry, Science and Technology said that "forging international partnerships is vital to building Australia's space industry and ensuring our businesses can compete on the world stage. [These agreements] represent a significant step in Australia's journey with fellow spacefaring nations, and will help to grow the capability and competitiveness of our domestic space sector."
— UK Space Agency (@spacegovuk) October 3, 2018
The Australian space industry
The agreement with the UK and Canada is not the first partnership the Australian Space Agency has made either. Earlier this year they announced a partnership with the French agency, with the intention of developing, in particular, their space operations and science, earth observation and positioning and communications systems.
With these partnerships, it seems the Australian Space Agency is off to a roaring start. There are already 10,000 people working in Australia's space industry, and that number is only set to grow. The agency only started operations in July 2018, and has a budget of $41 million over four years. Their responsibilities over that period include coordinating Australia's domestic space sector activities, supporting the growth of Australia's space industry and leading international space engagement.
Interconnect Systems has a comprehensive background in aerospace engineering as an industry leader for more than 20 years. We provide provides electrical interconnect products and solutions, including cable and wire harness manufacture. For more information on the range we supply to the aerospace market, contact Interconnect Systems today.