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The project comes thanks to a $1.185 billion education budget in 2022-23 for the NT, of which $28 million will be spent on repairs and maintenance to the NT's ageing school infrastructure.
The state-of-the-art centre will help students develop skills they need for employment now and into the future and help build a local workforce in critical areas.
The centre will include a maker space, green room, robotics lab and an outdoor cultural learning space.
Work is set to start on the build of the Dripstone Steam centre in December.
The announcement of the STEAM centre at Dripstone Middle School follows the opening of centres at Taminmin College, Casuarina Senior College and Darwin High School.
NT education minister Lauren Moss said the Dripstone STEAM facility would equip students for the jobs of the future, across a range of disciplines.
"I look forward to seeing what projects students complete in this fantastic, state-of-the-art facility," she said.
"With 153 government schools, the infrastructure needs are significant [but] we are systematically working to address these needs, whether they are small projects like replacing taps or upgrading playgrounds through to big projects like the new Dripstone STEAM centre and major upgrades at Yuendemu school."
Moss said since 2016, the government had invested $445 million in building new and better schools for students to improve learning outcomes.
