Australia-US Technology Safeguard Agreement Enters Into Force Today (24 July 2024) at the 17th Australian Space Forum in Adelaide, Australia's Minister for Space, Ed Husic, announced that the Australian-US Technology Safeguard Agreement (TSA), signed last October in Washington, had entered into force. The TSA allows movement of controlled US space technologies to Australia, permitting commercial US space companies to launch to space and return from space in Australia. Several US companies are already engaging with Australia to do just that! And, with fully commercial, multi-user launch and return facilities coming online--including Equatorial Launch Australia's Arnhem orbital launch facility in Australia's far north (12 degrees South Latitude!) and Southern Launch's Whalers Way Orbital and Koonibba Sub-Orbital and Return facilities in South Australia--Australia is poised to become the 'gateway to and from space' for the world's Twenty-First Century space economy. Congratulations to the Australian Government, Minister Husic and the Australian Space Agency on this important achievement! It has been years in the making. SpaceX Blue Origin Rocket Lab Firefly Aerospace ABL Space Systems Astra Space Stoke Space Varda Space Industries Sierra Space Apex - Spacecraft Manufacturing Ed Husic MP Richard Marles Anthony Albanese Nicholas Hogan Rebecca Shrimpton Tony Davis Anthony Weymouth Enrico Palermo Christopher De Luis Paul Burfield Chris Ketter Geoff Mason Jessica RichmanSteve Butow Nathan P. Diller Ric Mommer Rich Julien Michael Moreno James Cross Michael A. Brown Nate Gapp Klay Bendle Omar Pimentel
#TSA | Great to hear from the Hon Ed Husic MP at the 17th Australian Space Forum hosted by the The Andy Thomas Space Foundation in Adelaide. … The Minister was “excited to announce this morning, the #TSA has now come into force. I want to acknowledge the work the Australian Space Agency did to lock this down. It’s a great deal for Australia and our space industry. It strikes a balance between protecting sensitive US technology while unlocking new commercial opportunities for Australian companies. We’re already seeing evidence of that, just from the signing of the agreement late last year. The relationships built through this process – and the vote of confidence from the US that it trusts Australia – is generating activity before the agreement even beds in. The CEO of Southern Launch has described the TSA as a ‘game changer’ that will “accelerate the development of the Australian space industry.” Plans are already underway for US company Varda Space Industries to return its capsule to Koonibba in regional South Australia later this year … and conversations have also begun about future launches. 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. This would be a massive uptick for Australia’s launch sector which was worth $27 million in the 21/22 financial year. This demand will increase investment in local infrastructure and scale the Australian launch and return sector. It will expand the market that is open to Australian companies and uplift the entire local space sector. It also sends a powerful signal to other global collaborators that the world’s largest space nation trusts Australia and wants to do business here – and that they should too.” … MINISTER’S SPEECH https://lnkd.in/gQMqbx6G ….
Finally! What a journey and you've been there the whole way John! I hope you get to see some results from all your hard work, intelligence, insight and passion.
Michael Brett
4mo
Great news!
Partner BOKA Group Holdings I LP
4moThis is a phenomenal step and will greatly increase the engagement between the Space ecosystems in Australia and the US and will encourage further investment, enhancing and accelerating the flywheel even more!!