The rapid commercial development of space technologies – along with an increased demand for space-based services across the global economy – has driven the creation of a new space industry: Space 2.0.
Queensland's geographical, commercial and research strengths enable us to lead Australia's exposure to the global space economy. This economy is worth US$345 billion annually and growing exponentially.
Queensland's strengths include:
- mature advanced manufacturing and aerospace sectors
- home-grown space start-ups and SMEs
- a world-class space research and development sector
- many areas free of radio interference and with low population density
- an ideal position on Australia's eastern seaboard close to the equator.
Read more about Queensland's space industry capabilities ( 1 MB).
Space is already part of our plan. The Queensland Aerospace 10-Year Roadmap and Action Plan ( 7.3 MB) was released in June 2018. This plan sets out our vision for the state's aerospace industry, including space technologies.
Sky is not the limit: Building Queensland’s space economy
To get a better picture of the opportunities a space industry offers for Queensland, in 2019 we commissioned Deloitte Access Economics to map out the current state of play in our state’s space sector. That report, Sky is not the limit: Building Queensland’s space economy ( 6.3 MB), provides key insights and reflections on growing our space sector. It found that Queensland has a niche but globally competitive space industry, with strong research partners and significant opportunity for future growth.
Our state has competitive advantages in the space systems, launch, ground systems, space-enabled services and R&D parts of the sector. Sky is not the limit also found that the we can boost the growth of our space industry by strengthening its connections with the state’s traditional and emerging powerhouse industries.
In June 2018, the Queensland Space Industry Reference Group (QSIRG) was established. This group helps guide the development of Queensland's space industry. It's chaired by Queensland's Strategic Defence Advisor for Aerospace, Air Vice-Marshal Neil Hart (retd) and includes:
- senior executives from Queensland-based aerospace multinationals
- entrepreneurs from the state's next generation of space-related SMEs
- senior academics from Queensland's leading universities.
Following the Australian Government's establishment of the Australian Space Agency, the Queensland Parliament tasked the State Development, Natural Resources and Agricultural Industry Development Committee to investigate space industry opportunities for Queensland.
The committee held public hearings and engaged with stakeholders across Queensland. The consultations included aerospace multinationals, space start-ups and SMEs, universities, and government agencies.
The committee is due to table its report to the Queensland Parliament on 28 February 2019.
Learn more about the Queensland Parliament Space Inquiry.
We're currently auditing Queensland's space industry capabilities. This will tell us how we can best develop and promote our abilities in the space sector, both domestically and internationally.
We're also investigating potential sites for a launch facility and satellite park.