Gilmour Space Rockets Ahead with $61M AUD Series C Funding

BRISBANE, Australia, June 30, 2021 (Gilmour Space Technology PR) – Australia’s leading launch services company, Gilmour Space Technologies (https://www.gspacetech.com), has secured $61 million (approximately $47 million USD) from global investors in what is the largest private equity investment raised by a space company in Australia.   

The Series C round, which includes US-based Fine Structure Ventures, Australian venture capital firms Blackbird and Main Sequence, and Australian superannuation funds HESTA, Hostplus, and NGS Super, brings the company’s total funds raised to date to $87 million.   

“We are excited to be making our first investment in Australia with Gilmour Space Technologies,” said Brett Rome, lead investor and Managing Partner at Fine Structure Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.   

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Gilmour Space to Launch Fleet Satellites in 2023

Computer-generated image of Gilmour Space’s new rocket, Eris. (Credit: Gilmour Space Technologies)

HELENSVALE, QLD, Australia, 31 March 2021 — Two of Australia’s New Space pioneers — Queensland-based rocket manufacturer Gilmour Space Technologies, and South Australian nanosatellite manufacturer for the Internet of Things (IoT), Fleet Space Technologies — are joining forces to launch small satellites to orbit.  

“We have signed a contract to launch six Fleet Space Centauri nanosatellites on our Eris rockets in 2023,” said Adam Gilmour, the CEO of Gilmour Space, which is tracking to launch its first commercial payloads to orbit next year.   

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