. | . |
Australian Govt funds rocket fuel tank research by Staff Writers Gold Coast, Australia (SPX) Feb 13, 2020
Research that could cut space travel cost by 25 per cent has received a $3 million boost from the Australian Government. A Gilmour Space Technologies, University of Southern Queensland (USQ) and Teakle Composites project to create lightweight rocket fuel tanks was included in the latest round of the Cooperative Research Centres Projects (CRC-P) grants. The project is a $12.5 million investment by the consortium with support from the Federal Government in order to design, develop and manufacture flight ready cryotanks. It brings industry and academia together to use advanced robotic filament winding using exotic materials suited to the extreme operating conditions of space. The new carbon fibre cryotanks have the potential for up to 30 per cent weight saving and 25 per cent cost saving. Gilmour Space CEO and founder Adam Gilmour welcomed the Federal Government funding as the company races to launch its first commercial rocket to orbit in 2022. "We are grateful to receive this funding, which will allow us to develop world-class composite materials and components for our orbital launch vehicles - making our rockets more efficient and reducing the cost of access to space," Mr Gilmour said. Gilmour Space, a Gold Coast-based rocket company, signed a strategic agreement with USQ in 2019 to collaborate on advanced rocket technology research. Professor Peter Schubel, Executive Director of USQ's Institute for Advanced Engineering and Space Sciences, said the CRC-P funding demonstrated the success of the industry-focused collaboration. "This is about sovereign capability - knowledge, skills and advanced facilities which will allow for the growth of the space industry and associated supply chain." In a media statement, Minister of Industry, Science, and Technology, Karen Andrews announced nine projects to receive CRC-P grants. "The projects we are funding are examples of how Australian companies and universities are using research to make a real-world difference, to grow the economy and create new jobs," Minster Andrews said.
Economical and environmentally friendly solutions on the commercial satellites market Warsaw, Poland (SPX) Feb 12, 2020 We are observing a considerable increase in the demand for satellite systems around the world. Various independent sources forecast that the nano- and microsatellite market will grow from $1.5 billion in 2019 to $3.6 billion in 2024, and will keep growing - to even slightly more than just over 5 billion by 2027. Consequences of such growth include orbits getting crowded, and technological competition developing. At the same time, space missions have always been marked by high operating costs and a high ... read more
|
|
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. |