Huge opportunities for Queensland in Space Industry

I am encouraging local software and manufacturing businesses to discover how they can get involved in Australia’s growing space industry.

As the Chair of the Queensland Space Industry Inquiry that will soon report to the Queensland Parliament on the opportunities created by the space economy to grow jobs and businesses in Queensland. I have discovered just how many opportunities are on the horizon for Queensland businesses.

Forget visions of a white-suited astronaut. People who work ‘in space’ are now ground-based start-up entrepreneurs working the data produced by new generation satellites.

The Australian space sector currently produces annual revenues of $3-4 billion and employs about 10,000 Australians.

We want to triple the size of the space industry to $12 billion by 2030 and create up to 20,000 new jobs.

The Inquiry is looking at the potential of the space industry to create jobs and grow businesses in Queensland, especially regional Queensland.

Our final report is due on 28 February.

To get Queenslanders and businesses thinking about how they can get involved in the space sector, the Committee has produced two introductory papers titled “What is the Space Industry”, and “What Does the Space Industry Need”.

They are a great introduction for residents and businesses for this economic sector that is already a crucial part of the global economy.

I have no doubt local workers and businesses in our area already have the capacity to be a part of the space industry.

We will be pointing out the huge opportunities for Queenslanders that will be coming, and they should have the confidence to get involved.

To download your copy of these papers, go to:

Paper One: What is the space industry?
Paper Two: What does the space industry require?