Multimillion dollar boost to Australias Defence Industry
Multimillion dollar boost to Australia's Defence Industry
The Minister for Defence Industry, the Hon Melissa Price MP, recently announced 7 new innovation contracts valued at more than $14 million.
Winning innovation contracts
One new Defence Innovation Hub (DIH) project, valued at $3.1 million, involves the development of a space tactical sensor system by South Australian company DEWC Systems. Under this contract, DEWC will develop a prototype of its system, which will be fitted with a range of sensors and monitoring equipment to be integrated into CubeSats.
The other technologies being developed under this tranche of Innovation Hub investments include:
cutting edge radar systems
ground breaking research into human/robot interactions
Defence Innovation Hub (DIH)
So far, DIH has awarded more than $200 million in innovation contracts. More than 80% of this investment has been with micro, small and medium sized Australian companies.
The Defence Innovation Hub is open and remains operational during these uncertain times. To explore what Defence is interested in investing in please visit the Defence Innovation Hub website.
For more information about to engage with Defence's Industry and Innovation programs, please visit www.business.gov.au/cdic.