Space industries
Equatorial Launch Australia (ELA)
Equatorial Launch Australia is developing the Arnhem Space Centre located in Nhulunbuy. The DIH has arranged an undisclosed direct venture capital investment into the project through the Paspalis Innovation Investment Fund (PIIF).
This tremendously exciting project is a sign of things to come for the future of the Nhulunbuy and the North East Arnhem economy. The project partners with Gumatj Corporation, traditional owners of the land that will see the development of a space port that will become a launch site for NASA and other space organisations. In 2019 NASA announced its plans to use the spaceport to launch sounding rockets which test instruments used on satellites and spacecraft.
PIIF venture capital funds have been used for launch site planning, various technical studies required by NASA, site excavation and business development of the project.
DIH has also worked with ELA and the Northern Territory Government to build its network of customers and stakeholders through our space industry relationships in Singapore with such organisations as Aliena and the Satellite Research Centre at Nanyang Technological University.
ELA is a corporate member of the DIH and we look forward to them reaching for the sky in Arnhem Land!!
ELA News & Media
The Darwin Innovation Hub is home to the Northern Territory’s leading startup and business growth ecosystem and Darwin’s premier conference and co-working venue.
The Darwin Innovation Hub is a Partnership between Paspalis, Charles Darwin University, NT Government & AusIndustry.
NTG announces ELA and PIIF investment
/0 Comments/in Media, News /by mediamanager7 November 2019 Chief Minister Michael Gunner has today visited Nhulunbuy to announce major plans for the economic future of Northeast Arnhem Land and the Gove Peninsula. The Paspalis Innovation […]