Australia plans funding for island launch complex
Posted: Sat, Jun 23, 2001, 11:05 AM ET (1505 GMT)
The government of Australia will provide millions of dollars to help build a launch complex for a joint Australian-Russian venture, a government official said Saturday. Science minister Nick Minchin told an Australian newspaper that the Asia Pacific Space Centre project on Christmas Island, an Australian territory just south of Indonesia, would qualify for up to A$100 million (US$52 million) in government funds as part of a program to bolster high-tech exports. The money would cover only part of the cost of the A$800 million (US$415 million) facility; the rest would come from private or other sources. The facility would be used for the Aurora launch vehicle, a new launch vehicle similar to the existing Soyuz booster. The first launch from the complex is scheduled for as early as late 2003. The project comes at a relatively poor time, given recent reports that the supply of existing launch vehicles exceeds demand by up to 40%.
The government of Australia will provide millions of dollars to help build a launch complex for a joint Australian-Russian venture, a government official said Saturday. Science minister Nick Minchin told an Australian newspaper that the Asia Pacific Space Centre project on Christmas Island, an Australian territory just south of Indonesia, would qualify for up to A$100 million (US$52 million) in government funds as part of a program to bolster high-tech exports. The money would cover only part of the cost of the A$800 million (US$415 million) facility; the rest would come from private or other sources. The facility would be used for the Aurora launch vehicle, a new launch vehicle similar to the existing Soyuz booster. The first launch from the complex is scheduled for as early as late 2003. The project comes at a relatively poor time, given recent reports that the supply of existing launch vehicles exceeds demand by up to 40%.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Blue Origin describes plans for increased New Glenn launch rates
Posted: Sat, Oct 17 11:41 AM ET (1541 GMT) |
|
news links
|
|
Friday, October 23
Help a lost lunar rover find its way in new ESA competition
ESA — 6:44 am ET (1044 GMT) Aussie astronaut Katherine Bennell-Pegg in running to join European space mission
NEWS.com.au — 6:44 am ET (1044 GMT) Throttling Starlink Is a Disaster for Ukraine and the United States
CSIS — 6:42 am ET (1042 GMT) Trump Says Starlink Limits Are Gone—Ukraine Says the Signal Still Dies at 100 MPH
United24 Media — 6:40 am ET (1040 GMT) Starlink still restricted for Ukraine despite Trump saying Musk lifted speed limits
POLITICO — 6:39 am ET (1039 GMT) |
