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Four business professionals standing before Lockheed Martin Australia banner with rocket component
✓ InnovationausMoney & Work1 min read

Queensland funds Lockheed Martin $6.38m for hypersonics rocket testing

Queensland gave Lockheed Martin $6.38 million to build a mobile rocket test range for high-speed research.

The money pays for a launch rail, test equipment and a rocket engine made in Australia. The locally made equipment will enable testing of high-speed rockets.

Lockheed will work with the University of Queensland and Airways. The project makes Queensland a leader in high-speed rocket research and defence work.

$6.38 million
Grant amount
University of Queensland, Airways
Partners

Why it mattersAttracts major defence contractor investment and advanced aerospace capability to Queensland.

AustraliaBrings hypersonics R&D facilities to Queensland; creates local aerospace jobs and engineering partnerships.

✓ Claims checked against the source and corrected before publish. checked 2 h ago

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