Gilmour Space Raises $146M to Push Australia’s Orbital Launch Ambitions
Gilmour Space Technologies, one of Australia’s most prominent aerospace startups, has secured a US$146 million funding round to support its development of low-cost orbital launch services and small satellite platforms. The capital raise underscores continued investor confidence in the company’s long-term ambitions to provide sovereign access to space from Australian soil and compete in the global small-launch market.
Founded by brothers AdamDealroom has a profile for this one. Try Dealroom → and James GilmourDealroom has a profile for this one. Try Dealroom →, Gilmour Space is headquartered on the Gold Coast in Queensland and focuses on building hybrid-propulsion rockets and integrated space systems tailored to commercial, government and defence customers. Its flagship vehicle, the Eris orbital launch rocket, is being developed to carry small satellites into low Earth orbit from the Bowen Orbital Spaceport — Australia’s first commercial spaceport — a site the company has been actively preparing for test flights.
Over the years, the company has attracted investment from a mix of venture capital firms and institutional backers, including Australian groups such as Blackbird Ventures, Main Sequence VenturesDealroom has a profile for this one. Try Dealroom → and funds like HostplusDealroom has a profile for this one. Try Dealroom →, HESTADealroom has a profile for this one. Try Dealroom → and NGS SuperDealroom has a profile for this one. Try Dealroom → helping Gilmour scale engineering, manufacturing and launch capabilities.
The latest financing is expected to underpin multiple upcoming launch campaigns, expand production capacity and solidify operational readiness as Gilmour moves closer to routine orbital missions.
Gilmour has already made history by attempting Australia’s first domestically built orbital launch. Industry observers view these early flights and investment backing as essential steps in developing reliable, cost-effective access to space.
Government support, including space agency engagement and infrastructure licensing, has complemented private investment, reinforcing the company’s role in building sovereign space capability.
Source:
Forbes Australia
Space News
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