GRAVITY Challenge is a national technology innovation program for corporates, entrepreneurs and universities to design and build solutions to real industrial, social and environmental problems by leveraging AWS and Deloitte space capabilities, harnessing the recently announced AWS Ground Station service.
Space could be the biggest disrupter Australia has seen in the past 10 years. According to IBISWorld Industry Report, the global space economy is currently worth of US$130bn today and is forecasted to grow to over $US1.1 trillion by 2040. Although Australia contributes approx. 1% to the global space sector, this is expected to grow at 7.1% per annum over the next 5 years.