In a sign that big money investment is returning to the Australian start-up scene, Canberra-based space technology specialist Skykraft is set to lift off for the stars, after banking $120 million to fuel its ambitious aviation satellite vision.
Skykraft has designed and built satellites to improve communications between air traffic control and aircraft flying over remote areas, and has spent two years raising the funds needed to get a constellation of hundreds of its satellites into low-earth orbit.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
