Australia’s "unique view of the galaxy" gives its space industry some key advantages to capitalise on, the deputy head of the national space agency says.

First, as a wide, open land in the southern hemisphere it offers “plenty of potential” for deep space tracking.

The International Space Station is far from the only destination in a changing space economy.

Second, a range of orbits are possible from Australia, offering cheaper fuel costs.

Third, the trend towards more frequent, smaller satellites at lower orbit heights provides a new range of uses for satellites.