New Australian space startup Quasar Satellite Technologies is set to revolutionise space communication, allowing ground stations to talk to hundreds of satellites at once using technology developed by CSIRO, Australia’s national science agency.
The CSIRO founded deep tech investment fund Main Sequence has completed a capital raising of $250 milion for its second fund to help it continue its mission aimed at solving the world’s biggest problems in health, food, space, and industrial productivity, by turning science and research into breakthrough companies.
There has been a significant increase in satellite networks operating in Australia, according to the Australian Communications and Media Authority (ACMA), which says it is witnessing rapid advances in Australian space activities.
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