Australia’s industry-facing defence innovation programs will be replaced by a new accelerator in a once-in-a-generation overhaul aimed at proving up critical technologies like quantum and hypersonics to fast-track their adoption in military settings.
Backed by $3.4 billion over the next ten years, including $591 million in new funding, the Advanced Strategic Capabilities Accelerator (ASCA) announced on Friday will introduce a mission-orientated approach to turning Australian ideas into “asymmetric advantage”.
The federal government first flagged the accelerator – a renamed version of the Australian Strategic Research Agency proposed by the government ahead of last year’s election – in its response to the Defence Strategic Review (DSR) on Monday.
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