SYDNEY, AUSTRALIA (Moonshot PR) — Moonshot, Australia’s first space-focused incubator, has today received a half a million-dollar [US $374,043] matched grant from the federal government’s Incubator Support Scheme to cultivate new space technology businesses across the country.

Led by a consortium of international space tech leaders, Moonshot’s latest financial boost involves matched contributions from the federal government and investors alike, showcasing local appetite to invest in Australia’s next generation of space entrepreneurs.