SpaceX launch: Elon Musk's hopes for Crew Dragon could open final frontier for Australian business

  • 📰 smh
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

While the first crewed launch from US territory in nine years - due on Thursday morning AEST - doesn't involve Australian technology, it points to a future in space that Australia is uniquely suited to benefit from.

An illustration depicts the company's Crew Dragon capsule and Falcon 9 rocket during the uncrewed In-Flight Abort Test for NASA's Commercial Crew Program.The Australian Space Agency was formed in 2018 to help the country take advantage of commercialised space, the sort that SpaceX, under the helm of Elon Musk, has helped pioneer.Advertisement

Its real appeal is that it makes space launches much more affordable, and the Australian Space Agency “can morph itself around the idea of cheaper launch,” said Moore. The Australian Space Agency sets a goal of tripling the space sector’s contribution to GDP from $3.9 billion in 2018 to $12 billion by 2030, creating an extra 20,000 jobs in that time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This could be another diversion if Scotty needs it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines