The Commonwealth signed a contract with veteran-owned Asension through the Defence Innovation Hub for a space-based tactical sensor system.
The contract is valued at $4.35 million.
Having visited the company’s headquarters in August, Minister for Defence Industry Pat Conroy welcomed the ongoing development of Australia’s space capabilities to bolster Australia’s national security.
“The government’s partnership with innovative small businesses such as Asension will be critical to growing a robust, resilient and innovative industrial base for space technologies in Australia,” Minister Conroy said.