Once completed, the complex will allow the company to offer launch facilities to both Australian and international organisations and companies.

“With the advancement in satellite technology, more and more operators of small satellites are preferring dedicated launches,” Southern Launch said in a statement on Wednesday.

“Operators are wanting to avoid constraints and delays of the other payloads on the same vehicle.”

The Whaler’s Way site stretches over six kilometres of ocean frontage with more than 3000 kilometres of open ocean to the south.

The company said the site was selected to maximise safety to people and the environment, with no rockets needing to overfly delicate marine environments or populated areas.

It also allows direct access to polar and sun-synchronous orbits.

Southern Launch said the new facility and its operational activities would be of significant benefit to the Eyre Peninsula community, the local economy and Australia more broadly, and would establish South Australia as a leading contributor to the global space economy.

The company has already reached agreements to launch flights from their new site.

The rockets will travel 500km south over the Great Australian Bight before reaching orbit.