Australia Cuts Billion Dollar Satellite Programme, Cites "Budget Repair"

Friday, 30 June 2023Newsdesk
 Australia Cuts Billion Dollar Satellite Programme, Cites "Budget Repair"
The Space Industry Association of Australia said the decision to cancel the satellite programme was "shortsighted".

New Delhi 30 June 2023

As per news report of NDTV,Australia on Friday said it was axing a billion-dollar plan to develop a series of space satellites, as it tries to cut costs amid an economic slowdown and cost-of-living crisis.  The Aus$1.2 billion (US$770 million) National Space Mission for Earth Observation was unveiled just last year and hailed as a key plank in developing an Australian space industry.

Source - NDTV

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