Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Economy

Skykraft and Global Partners Join Forces to Spearhead Cutting-Edge Space Venture

by
December 5, 2024
in Economy, Investing
0
Skykraft and Global Partners Join Forces to Spearhead Cutting-Edge Space Venture
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Skykraft, an Australian-based company, has officially signed a Participating Project Partner Agreement for the “Demonstration of Collaborative Position Navigation and Timing (PNT) in Low Earth Orbit (LEO)” project. This agreement, supported by an International Space Investment (ISI) India Projects grant from the Australian Government, marks a significant step in promoting joint space projects between Australia and India.

The ISI India Projects initiative aligns with the India Economic Strategy to 2035, with a focus on strengthening the Comprehensive Strategic Partnership and Comprehensive Economic Cooperation Agreement between India and Australia. This collaboration aims to enhance bilateral relationships and activities, with a mutual understanding of common interests and shared values to support the prosperity of both nations. Further information on Minister Husic’s announcement can be found here: link. Additional information about the ISI India projects is available on the Business.gov.au website.

The primary goal of the project is to develop next-generation collaborative PNT systems. These systems play a crucial role in various sectors such as transportation, communication, and infrastructure. However, existing systems are prone to errors, which can have significant impacts. For example, the aviation industry has seen a growing number of regions affected by incorrect information being reported to Air Traffic Management (ATM) controllers or disruptions in aircraft navigation systems.

The project will demonstrate the feasibility of large-scale constellations in LEO, address the vulnerability of existing Global Navigation Satellite Systems (GNSS) in denied environments, explore additional applications for PNT signals that can be exploited from LEO, and provide a roadmap for enabling collaborative LEO-PNT through the demonstration of the resilience of large-scale constellations that can be easily updated and reconstituted.

This collaboration between Australia and India brings together leading institutions from both countries, including RMIT University, Melbourne, Australia; Indian Institute of Science (IISc), Bangalore, India; Indraprastha Institute of Information Technology Delhi (IIIT-Delhi), Delhi, India; FrontierSI, Melbourne, Australia; University of Newcastle, Newcastle, Australia; University of New South Wales (UNSW), Sydney, Australia; and Curtin University, Perth, Western Australia.

A significant aspect of this collaboration is the opportunity for Indian researchers and students to access Australian-generated data and test waveforms on Australian-built and operated satellites, fostering closer business, technology, and cultural ties between the two nations.

In addition to advancing PNT systems, the project aims to improve environmental sensing through GNSS-Reflectometry (GNSS-R) and Radio Occultation (GNSS-RO) technology, providing a better understanding of the Earth’s oceans, droughts, and floods. These technologies will also enhance real-time space weather and terrestrial weather forecasting, as well as emerging applications like tsunami monitoring and warning, demonstrating the technical expertise of both Australian and Indian organizations.

Michael Frater, CEO of Skykraft, expressed his pride in leading this joint Australia/India project, which will establish a strong foundation for both countries to develop and launch a next-generation PNT system. He looks forward to working with partners from both nations to successfully deliver the project and encourage the development of an operational independent PNT system.

This collaboration represents an exciting opportunity to push the boundaries of space technology and develop cutting-edge solutions for global positioning and timing challenges by fostering closer business, technology, and cultural ties between Australia and India.

About Skykraft

Skykraft provides Air Traffic Management (ATM) services from space, with a focus on global air traffic surveillance and communication, particularly in remote and oceanic regions where ground-based infrastructure is limited. The company, based in Australia, utilizes small satellites and specialized ATM infrastructure to support Air Navigation Service Providers (ANSPs) worldwide. With a space-enabled approach, Skykraft aims to improve the safety and efficiency of air traffic management, offering a reliable solution to meet the evolving needs of the international aviation sector.

Media Contact

Iwan Morris

Email: iwan.morris@skykraft.com.au

Phone: +61 (0)408 137956.

ShareTweetPin

Related Posts

Tech 5: OpenAI/Microsoft Talks Get Tense, SoftBank Floats Arizona Robotics Hub
Investing

Tech 5: OpenAI/Microsoft Talks Get Tense, SoftBank Floats Arizona Robotics Hub

June 22, 2025
Editor’s Picks: Silver Price Hits 13 Year High, Gold Takes a Breather
Investing

Editor’s Picks: Silver Price Hits 13 Year High, Gold Takes a Breather

June 22, 2025
Crypto Market Recap: Bitcoin Price Stalls as Fed Holds Rates Steady, Circle Shares Jump
Investing

Crypto Market Recap: Bitcoin Price Stalls as Fed Holds Rates Steady, Circle Shares Jump

June 21, 2025
Top 5 Canadian Mining Stocks This Week: Royalties Inc. Jumps 183 Percent on Legal Win
Investing

Top 5 Canadian Mining Stocks This Week: Royalties Inc. Jumps 183 Percent on Legal Win

June 21, 2025
Critical Metals Secures US$120 Million Loan LOI for Tanbreez Rare Earths Project
Investing

Critical Metals Secures US$120 Million Loan LOI for Tanbreez Rare Earths Project

June 20, 2025
Mali Court Seizes Control of Barrick Gold Mine Amid Escalating Dispute
Investing

Mali Court Seizes Control of Barrick Gold Mine Amid Escalating Dispute

June 20, 2025
Next Post
First savings account introduced by Vida Bank

First savings account introduced by Vida Bank

Recommended

Pinoys accept political dynasties

Pinoys accept political dynasties

October 15, 2024
How Is ACKO Drive Making Car Shopping Smarter and Simpler?

How Is ACKO Drive Making Car Shopping Smarter and Simpler?

December 13, 2024
Peso may stay at P56 level as US data dampen hopes of big Fed rate cut

Peso may stay at P56 level as US data dampen hopes of big Fed rate cut

October 6, 2024
Del Monte Pacific widens net loss on ‘unfavorable results’ from US business

Del Monte Pacific widens net loss on ‘unfavorable results’ from US business

September 11, 2024
Animal Rescue, Resilience, and Recovery Honored by Sloth Bears on Their Special Day with Sweet Honey Tribute

Animal Rescue, Resilience, and Recovery Honored by Sloth Bears on Their Special Day with Sweet Honey Tribute

October 11, 2024
Security Bank raises P20 billion from five-year corporate bonds

Security Bank raises P20 billion from five-year corporate bonds

August 20, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved