Satellite positioning to bring more than $6 billion to economy

A national trial of world-first satellite positioning technology has proven it could deliver more than $6 billion to the Australian economy over the next 30 years.

Speaking at CQUniversity in Rockhampton today, Minister for Resources and Northern Australia Matt Canavan said new insights into a Satellite-Based Augmentation System (SBAS) across Australia and New Zealand showed huge advantages for a range of industries.

“We all know how important GPS is to get us from point A to point B, but improved positioning is also essential to open up new opportunities for our businesses and industries,” Minister Canavan said.

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Australia From Space 2