Space Tourism Coming to Victoria After $37 million Deal With US Stratospheric Balloon Company

Published on May 16, 2024

Tourists will be able to take a near-space flight to the Great Barrier Reef after Victoria invested in U.S. satellite imagery and space tourism company under the innovation fund Breakthrough Victoria—but not everyone can see the benefit. The $37 million (US$25 million) investment—the biggest expenditure to date for the fund—into Arizona-based company World View  was announced on May 15 by Victorian Minister for Economic Growth Tim Pallas. “World View’s cutting-edge technology and future jobs, especially in highly skilled areas of engineering, data science and material science, will create fantastic opportunities for Victoria and Australia,” he said. On its website, the company promotes itself as “founded with the goal of increasing access to and the utilization of the stratosphere for scientific, commercial, economic, and military purposes.”...

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