Australian industrial space park threatened with shut down
With the loss of government funds caused by decisions of the new Labor government in Australia, a space-centered industrial park proposed for Adelaide Airport is threatened with shut down.
The previous government was going to contribute about $20 million to build a shared facility, and this had encouraged a number of space manufacturers to add their own $26 million. With the loss of that $20 million from the government two of those companies have now backed out.
The article also notes a number of other space-related areas where government funding is being cut off. All this appears to be the result of the change in government, and the decision of the new Labor government to end such subsidies.
With the loss of government funds caused by decisions of the new Labor government in Australia, a space-centered industrial park proposed for Adelaide Airport is threatened with shut down.
The previous government was going to contribute about $20 million to build a shared facility, and this had encouraged a number of space manufacturers to add their own $26 million. With the loss of that $20 million from the government two of those companies have now backed out.
The article also notes a number of other space-related areas where government funding is being cut off. All this appears to be the result of the change in government, and the decision of the new Labor government to end such subsidies.