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Australia Finally Creates Its Own National Space Agency (yahoo.com)
50 years after Australia became the third country to launch a satellite into space, they had another big announcement. An anonymous reader quotes AFP:
Australia on Monday committed to creating a national space agency as it looks to cash in on the lucrative and fast-evolving astronautical sector. The announcement came at a week-long Adelaide space conference attended by the world's top scientists and experts including SpaceX chief Elon Musk. It brings Canberra -- which already has significant involvement in national and international space activities -- into line with most other developed nations, which already have dedicated agencies to help coordinate the industry and shape development. "The global space industry is growing rapidly and it's crucial that Australia is part of this growth," acting science minister Michaelia Cash said in statement.
The Australian government estimates that the global space sector now drives $323 billion in revenue each year.
The Australian government estimates that the global space sector now drives $323 billion in revenue each year.
50 years after Australia became the third country to launch a satellite into space,
While it's true that a satellite was launched from Australian soil, this was part of the British space program, with Australian involvement not extending much beyond allowing the British to build their launch site. The launcher and satellite were developed and built in Britain.