Key Australian industries will gain access to new data, technologies and services through the funding of a major research program in satellite positioning and remote sensing technologies, announced by Senator Kim Carr today.

With a total budget of $180 million, the new Cooperative Research Centre for Spatial Information (CRCSI-2) involves over 100 organisations including from government and the private sector coming together with universities in an eight-year joint venture.

“The new CRC SI will help us to remain internationally competitive and capitalise on rapid growth in the spatial industry. The CRC Program’s investment in this industry will deliver tremendous benefits to the nation.”  Said Mary O’Kane, Chair-elect of the CRCSI-2 Board.

“Through this funding the CRC Program has recognised the tremendous potential spatial information offers to the Australian economy,” said CEO Dr Peter Woodgate.

The spatial information industry currently contributes an estimated $12.6 billion to national GDP. Direct outcomes from the CRCSI-2 are expected to deliver a further $305 million to the nation if emerging developments can be leveraged for Australian industry. 

Read the full press release here.