The Australian Space Agency has established the "Moon to Mars" initiative, which is a commitment to invest $91 million USD over five years to promote the growth of Australia's space industry. The initiative includes the design and development of an Australian-made rover that will be sent to the Moon in collaboration with the National Aeronautics and Space Administration (NASA) of the US in the coming decades.

Prerequisites:

• Identify key stakeholders such as the government, industry, and academia, and build relationships with them.

• Encourage involvement in the consortium.

• National space policy/strategy with clear lead agency and budget line

• Access to technical/business experts to support private entities applying for funding

• Lead agency & budget

• Procurement pathway

• Partner support as needed

Cost:

• Ballpark: USD 50k–250k (not including cost for funding to be provided)

• Includes: fund design and governance, technical assistance, monitoring & evaluation, administrative support.

Timeframe:

• Overall: 12-60 months

• Phase: fund design (6-12 months), funding round(s) (6 - 48 months), optional evaluation & scale-up (6 - 12 months)

Pros:

• Mitigating Cost - By sharing R&D costs among consortium members, organisations can reduce individual financial burdens and make large-scale projects more feasible.

• Improved Access - Participation in a consortium can provide access to new markets and opportunities through shared networks and partnerships.

Considerations:

• Articulation - Managing and coordinating multiple stakeholders with different objectives and priorities can be challenging and may require robust governance/operating structures.

• Timeline and Distant RoI - R&D projects often require extended timelines, which can be challenging for organisations seeking quick returns on investment.