Fleet Space Technologies Applies for Modern Manufacturing Initiative (MMI) Grant to Revolutionise Satellite Manufacturing
FOR IMMEDIATE RELEASE
South Australian nanosatellite company Fleet Space Technologies has applied for a $5 Million Federal government Modern Manufacturing Initiative (MMI) grant so that it can jump from building three hand-built nanosatellites a year to mass-producing 50. Additional support from the South Australian government will supplement nearly $4 Million the company is raising itself.
If the grant application is successful, Fleet Space will become a major satellite manufacturing hub and increase its payroll from 31 staff today to 128 by 2024, says its CEO and co-founder Ms Flavia Tata Nardini. Most of the new employees will be engineers and specialist satellite assembly technicians.
Attached is a copy of the release, as well as included below.
For further information, you can reach out to press@fleetspace.com for any requests.
Ad Astra,
The Fleet Team
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