24/7 Space News
Innovative Startups Join South Australia's Space Ecosystem
illustration only
Innovative Startups Join South Australia's Space Ecosystem
by Simon Mansfield
Sydney, Australia (SPX) May 30, 2024

Four innovative space startups from around the globe have joined South Australia's Venture Catalyst Space program. This initiative supports early-stage technology-based space startups in scaling their businesses.

Since its inception in 2018, Venture Catalyst Space has supported 36 startups, helping them secure $31 million in investments and grants and create over 220 space jobs. The program is delivered by the University of South Australia's Innovation and Collaboration Centre (ICC) with support from the South Australian Government through the South Australian Space Industry Centre.

Craig Jones, UniSA Deputy Director: Business Incubation, highlighted the diversity and potential impact of this year's participants. "Year on year, the program attracts talent that breaks the mould and reinforces South Australia's acumen for supporting cutting-edge commercial space ventures," Jones said.

The 2024 cohort includes local, interstate, and international startups, featuring companies from India and Japan. Minister for Defence and Space Industries Stephen Mullighan emphasized the program's role in fostering economic growth. "The Venture Catalyst Space program is generating genuine economic benefits for South Australia, helping realize the state's potential as a space innovation and technology incubation destination," he said.

One of the 2024 participants, Adelaide-based KC Research and Solutions, aims to enable mobile insulin production in space. Founder Tiffanwy Klippel-Cooper commented, "Designing systems for space is the ultimate creative challenge; if your design can work in that environment, it can work anywhere."

In May, UniSA's ICC and the Australian Centre for Business Growth (AUCBG) launched the Growth Ramp space scaleup pathway. This six-month program, supported by the South Australian Government, assists space companies with scaling their operations.

2024 Venture Catalyst Space Cohort:

- KC Research and Solutions (Adelaide, Australia): A desktop mobile insulin farm for space and Earth applications, reducing costs and transport needs.

- RapidBeam (Victoria, Australia): Scalable satellite communications terminals for data capture and delivery.

- Zharfire (Tokyo, Japan): Satellite imagery analysis for wildfire detection, with potential applications in deforestation and carbon credits.

- Onnes Cryogenics (Hyderabad, India): Carbon fibre reinforced plastic fuel tanks for spacecraft and launch vehicles.

The six-month accelerator program began this week with a four-week induction featuring workshops from industry experts. For more information, visit [Venture Catalyst Space](http://icc.unisa.edu.au/space).

The 2024 Growth Ramp space scaleup pathway started on May 7, 2024.

Related Links
South Australian Space Industry Centre
The latest information about the Commercial Satellite Industry

Subscribe Free To Our Daily Newsletters

The following news reports may link to other Space Media Network websites.
Saudi fund launches new group to boost space industry
Riyadh (AFP) May 27, 2024
Saudi Arabia's Public Investment Fund (PIF)on Monday launched the Neo Space Group to work on the kingdom's nascent satellite and space industry, its first investment in the sector. One of the world's largest sovereign wealth funds, the PIF has already invested heavily in sports, gaming and so-called Saudi giga-projects including Neom, a $500-billion futuristic megacity under construction in the desert. The Neo Space Group or NSG is the "PIF's first investment focused on the space industry", the ... read more

Cargo Ship Departs, Two Rockets Near Launch During Busy Day on Station

MDA Space Partners with Starlab Space in Commercial Space Station Venture

French, Belgian astronauts named next Europeans to fly to ISS

UCF develops algorithms for space and sea exploration

Young Student Explores Future Potential of Radioisotope Power Systems

SpaceX mega rocket Starship's next launch on June 5

SpaceX sends 23 Starlink satellites into orbit on third flight in two days

Boeing won't fix leaky Starliner before flying first crew to ISS

Western geologists test instrument for Mars rover mission in search for life

RNA study reveals potential for life in Mars' extreme environments

Redwire to lead Mars imaging study for NASA

Astrobotic to conduct NASA JPL studies for Mars missions

Shenzhou 18 crew conducts first spacewalk

Zebrafish on China's space station reported to be in good condition

China sends experimental satellite into orbit with Long March 4C rocket

International Support for China's Chang'e-6 Lunar Mission

Advanced satcom technologies revolutionize aviation and marine industries

Innovative Startups Join South Australia's Space Ecosystem

Saudi fund launches new group to boost space industry

Intelsat enhances satellite lifespan with mission extension vehicles

Study: Under extreme impacts, metals get stronger when heated

10 Benefits of Using 360Learning for Your Company's Learning Needs

Colossus's AI-enabled hardware achieves space heritage aboard Loft's YAM-6 satellite

Where is the Best Place to Buy Used Books?

Astronomers Discover 15 New Exoplanets and Measure Mass of 126 Others

NASA's TESS Finds Intriguing World Sized Between Earth, Venus

Starless and forever alone: more 'rogue' planets discovered

Exploring the potential for life on Europa through iron snow

Peering into Pluto's hidden ocean

Probing for Rocks in an Ice Giant's Core

NASA's Juno captures detailed images of Europa's surface

New Horizons expand research with unique observations

Subscribe Free To Our Daily Newsletters

The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.