The next great space power is NOT China or India...

Breaking Down the Business of Space for People on Earth

Welcome to the Launchpad Newsletter, your top source for political, economic, and social developments in the New Space Economy, built by real entrepreneurs shaping it.

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This Week’s Next-Gen Newsflash

🚀 China blows up ANOTHER rocket over a populated area in a freak hot-fire test malfunction

🛰️ Boeing Starliner continues its extended mission attached to the ISS as thruster malfunctions are ironed out

💸 Space junk is a big problem, and some bold companies are earning millions promising to clean it up

Today’s Subject of Space: Australia’s Spacefaring Future

Move over, China and India. The next great space power might just be the land and down under: Australia.

Located in the Southern Hemisphere, Australia is uniquely positioned to provide polar and sun-synchronous launches for satellites. Its close ally New Zealand shares the same benefit, and has spawned its own major space company in the form of Rocket Lab, which just recently expanded into Australia.

Surrounded by ocean on all sides, with massive amounts of empty land, and an economy hungry to diversify beyond its traditional mining and energy sectors, Australia has tremendous potential to become a new hub for launches in the growing space economy, with many new companies springing up around the recently formed Australian Space Agency.

Spaceport congestion is a major issue, with little real estate left to support the industry’s growing needs. But the Australian Space Agency aims to change that.

Although the agency was only founded in 2018, giving it a gap sizing many decades to catch up with incumbents like NASA and Russia’s Roscosmos, they do have some powerful allies looking out for them.

The US recently agreed to a deal that allows the shipment of American rocket parts and equipment into Australia, boosting the country’s fledgling industry with tech from the best. The same deal that it shares with New Zealand, and helped Rocket Lab dominate the launch market in the Southern Hemisphere.

Paired with its vast resources and manufacturing industries, Australia will have everything it needs to fashion itself into the next great space power. It will take years, but in the future, people may speak about Australia in the same breath as other established space powers like America, China, and India.

If anything, the Aussies are showing the frontiersmanship commitment that has defined their country’s growth since the first penal colony broke ground: a cultural trait of exploration and expansion that is shared strongly with its space superpower ally, America.

And that should be taken as a good sign.

State of the New Space Economy

  • A detailed, data-backed breakdown of why Australia has a bright future as a spacefaring power

  • In need of citations for your aerospace research? NASA’s database is free (courtesy of US taxpayers)

Top Space Creators to Follow in 2024

📸 Instagram: All Around Science (442k followers)

👔 LinkedIn: G. Pettit (11k followers)

✖️ X: Curiosity Rover (4.2m followers)

📽️ TikTok: AstroKobi (2.7m followers)

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