Airbus signs space plan

EUROPEAN manufacturing giant Airbus has signed a “strategic statement of intent” with Australia’s space agency to grow the fledgling industry.

In June, Airbus chose Wyndham airfield in Western Australia as the world’s first flight base for its pioneering Zephyr solar-powered unmanned aircraft, and now other opportunities could follow.

Science Minister Karen Andrews said the signing sent a strong signal for further investment opportunities in the rapidly growing space industry.

Airbus will work with startups, academics, small businesses and the Australian Space Agency to develop the sector.