Australia has the potential to capture a greater slice of the $330 billion space industry, and NT’s chief minister says the Top End must be front and centre.

Rockets could be blasting off into space from the Northern Territory within a year, chief minister Michael Gunner says.

During a speech in Darwin on Wednesday, the NT Labor leader is expected to reveal his plans to make the Top End a national security and space exploration hub.

“We could be launching rockets into space from Arnhem Land within a year,” he is expected to tell the Northern Australia Defence Summit.

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