$12 million boost for positioning technology in AustraliaStaff Writer | January 18, 2017
The Australian Government will invest $12 million in a two-year program looking into the future of positioning technology in Australia.
Technology in Australia To generate upwards of $73 billion
The funding will be used to test instant, accurate and reliable positioning technology that could provide future safety, productivity, efficiency and environmental benefits across many industries in Australia, including transport, agriculture, construction, and resources.
Research has shown that the wide-spread adoption of improved positioning technology has the potential to generate upwards of $73 billion of value to Australia by 2030.
Federal Minister for Infrastructure and Transport Darren Chester said the program could test the potential of SBAS technology in the four transport sectors - aviation, maritime, rail and road.
The two-year project will test SBAS technology that has the potential to improve positioning accuracy in Australia to less than five centimetres. Currently, positioning in Australia is usually accurate to five to 10 metres. ■