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Space Technology Copped More Funding In Aus Federal Budget

Getty Images The Australian Space Agency has secured an additional $13.3 million in funding as part of the 2021 federal budget, so let’s go to the moon, baby. As part of the announcement, the Australian Space Agency will receive $13.3 million over four years starting in the 2021-22 financial year, with $3.3 million annually ongoing. The funds will be used to increase the agency’s technical advisory capacity as part of the Space (Launches and Returns) Act 2018, and to support the overall growth of the space tech industry in Australia. “The Federal Budget 2021 announced funding to support the regulatory activities of the Australian Space Agency and to keep pace with the growth of the space industry. $13.3 million will increase our capacity to support the growth and transformation of the industry,” the Australian Space Agency said on Twitter.

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