The Technology Safeguards Agreement (TSA) with the United States is a step closer, with the new treaty tabled in the Australian Parliament yesterday.
Industry can now view the full text of the TSA and associated National Interest Analysis before making a submission to the Joint Standing Committee on Treaties.
The TSA will allow US space technology like rockets and satellites to be launched from Australia. This, in turn, will make Australia more attractive as a global launch hub – supporting growth across our entire supply chain.
Industries such as transport, hospitality, security, maintenance, operations and logistics will also benefit, particularly in rural and remote areas where most launch facilities are located.
All space launch activities under the TSA will still require Australian approval, through the Space (Launches and Return) Act 2018.