South Australian satellite company Inovor Technologies will expand into a new state-of-the-art satellite integration facility at Australia's innovation precinct, Lot Fourteen.
The company's new facility in the Hanson Building at Lot Fourteen will include an electronics laboratory, cleanroom, and design and testing areas, and will support the company's future growth.
Inovor Technologies is the only private Australian company that designs and integrates satellites in Australia using a local supply chain, after its establishment in South Australia in 2019.
In this facility, Inovor will integrate nano satellites manufactured in Australia, which can be used to track objects in space, deliver earth imaging direct to clients, track fires, floods and earthquakes, as well as detect activities such as illegal deforestation.
Premier Steven Marshall says this shows South Australia is benefiting after being chosen as the home of the Australian Space Agency.
"Inovor's arrival at Lot Fourteen further strengthens South Australia's defence and space credentials, and is again proof that the Australian Space Agencys is a real draw card for start-up and scale-up business," he said.
"Lot Fourteen is rapidly developing a reputation as the premier innovation and start-up precinct in the nation, with a proven focus on cultivating entrepreneurial talent and creating jobs in some of the world's fastest growing industries."
"Importantly, this move will generate jobs for engineers and scientists, with Inovor flagging the potential to expand its workforce and production capability in the future."
Inovor Technologies founder and Chief Executive, Dr Matthew Tetlow said the strategic move into new facility at Lot Fourteen opens up new opportunities for collaboration in the space sector.
“Being close to the Australian Space Agency is important because proximity to decision makers is key,” Dr Tetlow said.
“Lot Fourteen is an environment where exciting things are happening and opportunities will emerge because we’re next to entrepreneurs, innovative companies, as well as government and potential defence and civilian customers.”
"Lot Fourteen also offers us the flexibility to expand our premises as we are anticipating increasing our capacity over the next few years so that we are able to build multiple satellites at any one time."