SYPAQ Systems officially opened its Defence Autonomy Centre of Excellence (DACE) in Fishermans Bend today in a ceremony attended by Victorian Minister for Industry Support and Recovery and Minister for Business Precincts Martin Pakula.
Announced in June 2021, SYPAQ expects the DACE facility to create 280 new jobs over the coming five years and generate an additional $45 million of expenditure when fully established. The facility has been stood up with direct support from the Victorian State Government and the company says it will help Fishermans Bend to become a hub for small autonomous ISR systems serving the defence sector.
“The capabilities our team is developing in the Fishermans Bend precinct are genuinely world-leading and we’re proud to continue to grow our team in Australia’s aviation heritage precinct,” SYPAQ CEO Amanda Holt said.
The company’s General Manager – Innovation and Strategic Programs Michael Partridge added that the DACE will ensure SYPAQ can continue to develop sovereign industrial defence capabilities in Victoria.
“The support shown by the Victorian Government has allowed SYPAQ to further invest in our own innovation and R&D programs and is enabling us to compete against international primes for defence contracts,” Partridge said.
The company is bidding for Army’s Small Unmanned Aerial System (SUAS) capability requirement being delivered under Land 129 Phase 4B program and on 4 March announced it had responded to the Request For Tender (RFT) with a solution based on the CorvoX platform.