Leaving no stone unturned or without internet access, a local space company is set to reinforce national network technologies through a new Australian Government grant today.

Myriota, a South Australian-based satellite telecommunications company, has received $25 million from the National Reconstruction Fund (NRF), to improve connectivity in remote locations that are outside of traditional internet coverage areas.

“NRF is backing Aussie know-how to help manufacture critical technologies in this country.

“South Australia is helping the country to not only rebuild its manufacturing muscle but sharpen its edge with new technologies and industries like what we’re seeing at Myriota.

“In a country as vast and remote as ours communications and connectivity is absolutely crucial. Backing investments like this is pivotal to achieving that."

~ Minister for Industry and Science Ed Husic 

Developing innovative, sovereign Australian space technologies 

Myriota’s satellite-based IoT network technology is used to gather field intelligence through sensors in applications ranging from AgriTech to mining to industrial monitoring. 

The investment will boost the expansion of the company’s network technologies and infrastructure – scaling its Australian-based manufacturing of advanced satellite communications modules as well as hardware for global export. 

"By investing in companies such as Myriota, we are helping to commercialise Australian innovation that directly translates into high-skilled jobs and creates significant benefits for regional Australians,” said Martijn Wilder AM, Chair, National Reconstruction Fund Corporation.  

The $25 million investment is expected to create 100 highly skilled jobs in South Australia including engineers, software and hardware developers, and data networking and satellite communications professionals. It is also expected to supercharge sectors like mining and agriculture across the country.   

“This investment will ensure our advanced manufacturing stays here in Australia, helping to diversify the Australian economy while delivering up to 100 highly skilled jobs with the opportunity and expertise to drive global impact,” reflects Myriota CEO Ben Cade on the funding announcement. 

Earlier this year, Myriota was awarded a $1.5 million grant from the Australian Space Agency through our Moon to Mars Initiative Demonstrator Mission Grants. This investment is being used to develop an Australian-made compact communications payload to support IoT services in harsh off-world environments.   

person working on a computer

Backing the sector

Learn more about the Australian Government grants and support available for the space sector through the national capability-build programs.

More details

Main image caption: Head of the Australian Space Agency Enrico Palermo and South Australia’s Premier Peter Malinauskas in a group photo with the Myriota team from earlier this year | Credit: Myriota 

Our department recognises the First Peoples of this Nation and their ongoing cultural and spiritual connections to the lands, waters, seas, skies, and communities.

We Acknowledge First Nations Peoples as the Traditional Custodians and Lore Keepers of the oldest living culture and pay respects to their Elders past and present. We extend that respect to all First Nations Peoples.