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Melbourne University gets a world-class upgrade

By Matt Hurlston

If you’re a family considering real estate in Carnegie, or any of Melbourne’s suburbs, one of the key considerations will likely be education. While Melbourne has plenty of great schools to offer local residents, one of its tertiary institutes has been in the spotlight after an exciting announcement from Lockheed Martin.

The US technology giant has recently announced that the University of Melbourne will be the recipient of a cutting edge Research and Development (R&D) Centre at the university’s engineering and science innovation precinct.

A world first for Melbourne

The new development marks a significant occasion for the city, as it is the first research centre that Lockheed Martin has opened outside of the US.

“Melbourne is the third largest education city in the world, as well as being home to one of the world’s leading specialist R&D hubs in science, technology and medicine,” Vice-Chancellor Professor Glyn Davis said.

“We look forward to working collaboratively with Lockheed Martin, the Defence Science Institute and other universities around Australia to ensure the centre’s success.”

Lockheed Martin is investing $13million into the STELaRLab (Science, Technology, Engineering Leadership & Research Laboratory) as part of a collaboration with the Defence Science Institute and Melbourne University.

Why choose Melbourne?

The company’s Chief Technology Officer, Dr. Keoki Jackson explained that Melbourne’s international reputation for research was what made it the ideal place for the R&D lab.

“The decision to establish a multi-disciplinary R&D facility in Australia was partly based on Lockheed Martin’s own track record of Research & Development success with Australia’s Defence Science and Technology Group and Australian Universities over the last 20 years,” he said.

“It is our vision that STELaR Lab will add to that unparalleled legacy of technological excellence, and contribute to the advancement of human knowledge.”

The STELaR Lab represents the largest R&D investment in Australia, with rapid growth expected over the next 10 years. It will open this December.

If you want to invest in education, why not consider real estate in Oakleigh? The team at Ray White Carnegie are always happy to help families in search of their next home, so be sure to contact us today.

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