Fleet Awarded $20 Million in Australian Government MMI Grant Funding to Build Space Manufacturing Hub in SA

BEVERLEY, South Australia (Fleet Space Technologies PR) — Fleet Space Technologies is delighted to announce that the Australian Government has committed $20 million (USD) to the development of the Space Manufacturing Hub in Adelaide, South Australia. This adds to funds already committed by The Government of South Australia ($20 million AUS) and a consortium of leading space, aerospace and advanced air mobility companies including Fleet, Q-CTRL, AtSpace Pty Ltd and Alauda Aeronautics, the manufacturer of the world’s first electric flying racing cars. That total value of the project is therefore $66 million (AUS).

“The addition of this very significant investment from the Australian Government to the funds already pledged by the South Australian Government is affirmation of our nation’s commitment to the development of a rapidly growing industry and innovation in sovereign technological capabilities in space manufacturing. Fleet Space Technologies is proud to lead the Australian space sector. This industry is creating jobs, technological capability and lasting economic impact for Australia. The Space Hub in Adelaide will position South Australia as a true global centre of excellence in the development of space technologies.”

Flavia Tata Nardini, CEO and Co-Founder, Fleet Space Technologies

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