Home About The Opportunity for Australia The Opportunity for Australia The Global Space industry is growing at a rate of 9.5% compared to the global economy of 2.5%. It is expected tor each more than $1 trillion in the next few years. The SmartSat CRC will tackle three major challenges: Lack of universal digital connectivity; Fragmented space ecosystem; Technology-limited earth observation. The Key areas of industry focus are: Agriculture and farmingMining and natural resourcesDefence & SecurityTransport & Logistics Why the SmartSat CRC? Central to the Australian Space Agency’s goalsSupporting defence and national security Building cohesive critical massBuilding sovereign space capabilityInspiring the next generation of space scientists and engineers.