Menu
  • Home
  • London Exchange
  • Euronext
  • Australian Exchange
  • Wire
  • Contact Us
  • Business & Finance
NewsnReleases

Skykraft and XTEK awarded Australian Space Agency grant

Posted on June 22, 2020March 13, 2023
Australian Space Agency
The advanced manufacturing process, together with an in-house design, is expected to provide significant value in the Space market, where the weight of the spacecraft and launch system is what makes them expensive to launch.

PERTH: XTEK Limited and Skykraft Pty Ltd announced the award of an Australian Space Agency (ASA) Grant for the development of a SmallSats constellation launch stack.

Skykraft, in conjunction with project partner XTEK, have been awarded the Australian Space Agency’s International Space Investment: Expand Capability grant that will fully fund the design and qualify a launch stack system that deploys constellations of up to 30 SmallSats into low earth orbit from low cost rockets.

The launch certification and validation will be carried out in collaboration with New Space India Limited who are the commercial provider of India’s Small Satellite Launch Vehicle (SSLV).

The award of this grant through XTEK’s partnership with Skykraft validates the advantages for XTEK’s unique composite design capabilities and manufacturing technology, and strengthens the Company’s view that the space sector presents a compelling opportunity to further commercialise its XTclave technology.

XTEK is now working on a lightweight carbon fibre launch structure that will be manufactured using its XTclave composite curing technology and delivered from its manufacturing facility in South Australia.

XTEK can leverage the unique technical advantages of its XTclave technology to minimise the weight of the launch system while still retaining rigidity and strength; the launch system is to be fabricated using high-quality, void-free, lightweight structural composite material that is ideally suited for space applications.

The advanced manufacturing process, together with an in-house design, is expected to provide significant value in the Space market, where the weight of the spacecraft and launch system is what makes them expensive to launch.

XTEK Managing Director, Philippe Odouard, said: “The award of this grant represents a significant milestone for XTEK’s composite capabilities. The recognition from the Australia Government and global collaboration provides external validation of our technology, and presents a valuable opportunity to further develop our advanced composites capabilities for space applications, with this project expected to further build our presence in the growing space composites sector globally.”

Skykraft Managing Director, James Prior, said: -A critical factor in any launch is the weight of the spacecraft and the launch systems used to release the spacecraft into orbit. Our focus is to optimise this balance and achieve weight savings, while still retaining rigidity and strength. and so we are very pleased to be partnering with XTEK to utilise their advanced design and manufacturing capabilities through the XTclave technology.”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Track all markets on TradingView

Investing.com .

Site Navigation

  • Home
  • Listed Companies
  • Contact Us
  • London Stock Exchange
  • Singapore Exchange
  • Canadian Exchange
  • Australian Exchange
  • Oslo Bourse
  • PSX
  • Ratings
  • Euronext
  • MENA
  • Nasdaq Nordic
  • Wire
  • Business & Finance
  • Gadget Reviews
  • About Us: A Comprehensive Financial News Database

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

Listed Companies

Equity Markets and Stock Exchanges

NNR

©2025 NewsnReleases | WordPress Theme by Superb WordPress Themes