Queensland’s skyrocketing space industry: A launchpad for local business growth
Queensland’s skyrocketing space industry: A launchpad for local business growth
Queensland’s space industry is lifting off - and it needs a strong supply chain to fuel it. From advanced materials to specialised services, local businesses have a prime opportunity to innovate, collaborate, and grow with this high-value sector.
- aerospace
Queensland’s burgeoning space industry is not just rockets and satellites; it is also about building a robust supply chain, fostering innovation and driving economic prosperity. Its strong growth is transforming regional Queensland into a hub of innovation and development, offering a fertile ground for businesses to thrive.Is there a space industry in Australia?
Is there a space industry in Australia?
Queensland is not new to the space race. For years, we have been laying the groundwork to establish our state as a leader in the growing global space industry. Currently, Queensland's space economy is blossoming, already providing over 2,200 jobs and contributing more than $810 million annually. The momentum does not stop there. Projections for 2036 are ambitious yet attainable, with expectations to create up to 6,000 high-value jobs and generate a staggering $6 billion for the local economy.
Why is the space industry developing in Queensland?
For starters, Queensland is blessed with the perfect mix of ingredients for a thriving space sector. Our state boasts the right infrastructure, a highly skilled workforce and a strategic geographical location that makes it ideal for space-related activities. These advantages provide a strong foundation for diversifying our economy, creating high-value jobs and attracting global investments, all of which promise a prosperous future for Queensland.
Prepare your business to enter the space industry supply chain
If you are a business owner looking to join Queensland’s growing space economy, you have a unique opportunity to help build critical infrastructure, form lasting industry partnerships, and elevate your business as a recognised player in this cutting-edge sector.
The space industry has plenty of room for suppliers of advanced materials, components or specialised services.
- Start by understanding the specific needs and standards of the space industry, which often requires high precision, reliability and innovation.
- Engage with key industry players and participate in forums, conferences and trade shows to network and build relationships.
- Get training to increase your chances of success in the supply chain.
- Discover projects and opportunities seeking suppliers to promote your business so they can find you:
- Subscribe to the Australian Space Agency Newsletter and keep up to date with Australia's space industry and the work of the Australian Space Agency.
- Connect with space industry bodies such as the Space Industry Association of Australia or local networking groups.
- Vendor Panel: A free supplier portal where you can register for Queensland and local government tender opportunities and interested buyers can find your business.
- Industry Capability Network: You can search for projects online and register your interest.
- AusTender: A centralised publication of Australian Government business opportunities and procurement plans.
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Last updated: 31 Jul 2025