RESEARCH

Australian government backs energy and technology industry research

SOURCE: This is Engineering/Unsplash
The Australian government announce more funds to elevate the nation's research industry.


By U2B Staff 

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The Australian Government has announced that it will invest in two more research projects to elevate the nation’s energy and technology industry. 

According to the Minister for Industry, Science and Technology Karen Andrews, the government would provide AU$344,000 to fund two of the industry-led collaboration projects through National Resources Australia (NERA), one of the Federal Governments’s six industry Growth Centres. 

The first of these projects will power the newly-formed Australian Remote Operations for Space and Earth (AROSE) consortium to explore Australia’s technology capabilities and to identify further opportunities to put the nation o the map as a future hub and exporter of remote operations technology solutions for space. 

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Comprising of founding partners including the Western Australia government, the University of Western Australia, Curtin University, Woodside, Fugro, and Nova Systems, the project will help leverage the nation’s world-class capabilities in remote operations, AI, machine learning and automation to create new markets and scale between the energy resources sector and the emerging global space industry. 

Meanwhile, the second project will accelerate the development and delivery of a first-in-the-world augmented machine vision solution, which has the capability to revolutionise the way the energy industry inspects and maintains equipment under the deep depths of the sea. 

Technology industry
This will position Australia as a global player in emerging research and contribute to economic growth. Source: David Gray/AFP. 

“These projects are examples of how Australia can lead the next decade and beyond in technology innovation by leveraging our industry knowledge and encouraging the exchange of ideas across sectors,”  added Minister Andrews.

 “It proves that by getting industry to work together we can see our world-leading energy resources sector expand even further and take on new frontiers. Space presents Australia with huge economic opportunities. These cross-sector opportunities will be essential if we’re to reach our goal of tripling the size of the space economy to $12 billion a year and an extra 20,000 jobs by 2030.”

According to Western Australian Science Minister Dave Kelly, AROSE presents an opportunity to leverage Western Australia’s world-class expertise to create about 1,500 jobs in the region within five years. 

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 “The McGowan Government is seizing the opportunity to take part in the new generation space race to diversify the WA economy and create WA jobs,” said Minister Kelly. 

 “Last month, I announced $1.5 million to secure the headquarters of AROSE in Perth and I welcome the Commonwealth collaborating with us on this exciting project.

 “I look forward to working with my federal counterparts and industry to unlock more opportunities for Western Australia in this emerging sector.”