One of the most complicated and riskiest business models is a spaceport, however, a complex located in the Northern Territory is confident it has the technology and geographic advantages to make Australia’s launch industry viable
- ELA predicts only between 10 and 12 global commercial spaceport companies will survive
- Global interest in the Northern Territory launch facility grows as memorandums turn into contracts.
- Launching close to the equator means less fuel is needed for rockets to reach orbit allowing for heavier payloads.
- ELA has completed Phase One of its infrastructure plan with three launch pads currently operational with phase two providing another fourteen.