Get ready to see more launches from across Australia.
A new treaty with the United States – the Technology Safeguards Agreement (TSA) – entered into force on 23 July 2024 following a recommendation from an Australian Parliamentary committee that the treaty be ratified.
The milestone treaty will uplift the entire local space sector and will results in an uptick in international launches, in particular, US rockets and satellites.
The TSA will now make Australia even more attractive as a global launch hub – supporting growth across the nation’s entire supply chain.
Minister for Industry and Science Ed Husic made the announcement about the TSA coming into effect. The Minister referred to the deal striking a balance between protecting sensitive US technology while unlocking new commercial opportunities for Australian companies.
"With the TSA in place, it’s estimated Australian spaceport operators could supply between 45 and 95 space launches over the next decade with a value of between $460 million to 1.2 billion."
~ The Hon Ed Husic
The Technology Safeguards Agreement
Everything you need to know about the TSA
Main image: Southern Launch’s Koonibba Test Range in South Australia’s Far West Coast.