The Morrison government has announced amid its election campaign a total of $48 million (US$33.4 million) in grants for seven South Australian manufacturing businesses in hopes of bringing manufacturing back to Australia.
Minister for Industry, Energy, and Emissions Reduction Angus Taylor said South Australia has a long and proud history in manufacturing.
“This funding is a big win for jobs and another vote of confidence in South Australia’s advanced manufacturing capability,” Taylor said in a release on May 9.
Southern Launch, one of the seven businesses that will share in the funding, has welcomed the grant of up to $4.95 million to support the development and launch of a rocket within two years by local rocket manufacturer Access to Space (ATSpace).
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