What is Gilmour Space Technologies?
Founded by two brothers in Gold Coast, Queensland, Gilmour Space is an Australian launch services company dedicated to developing capabilities for launching satellites into space. Since initiating its rocket program in 2013, Gilmour Space has emerged as a leader in Australian-made launch vehicles and satellite platforms, aiming to reduce the cost of accessing space. The company's trajectory suggests a scaling phase, fueled by substantial enterprise-level investment.
How much funding has Gilmour Space Technologies raised?
Gilmour Space Technologies has raised a total of $262M across 4 funding rounds:
Grant
$3M
Series C
$47M
Grant
$157M
Series D
$55M
Grant (2020): $3M with participation from The Australian Government
Series C (2021): $47M led by Hostplus, NGS Super, Main Sequence, Blackbird, Hesta, and Fine Structure Ventures
Grant (2022): $157M supported by Governess Australia
Series D (2024): $55M featuring QIC, Main Sequence Ventures, Hesta, and Blackbird Ventures
Key Investors in Gilmour Space Technologies
QIC
QIC, founded in 1991, is a leading long-term specialist manager in alternatives offering infrastructure, real estate, private capital, liquid strategies and multi-asset investments. Headquartered in Brisbane, Australia, QIC also has offices in Sydney, Melbourne, New York, Los Angeles, Cleveland, San Francisco, London and Copenhagen.
Main Sequence Ventures
Main Sequence is a venture capital firm focused on deeptech, collaborating with inventors who leverage their scientific expertise to create transformative industries. The firm aims to accelerate the growth of companies addressing significant global challenges, such as space exploration, decarbonization, and healthcare.
Hesta
HESTA is the fund people in health and community services choose for their super. As a HESTA member, you can access low-cost, flexible insurance cover through your super. HESTA was founded in 1987 in Victoria, Australia.
What's next for Gilmour Space Technologies?
The recent Series D financing, characterized as a major strategic investment, positions Gilmour Space Technologies for accelerated growth and technological advancement. This infusion of capital is expected to bolster its efforts in developing and deploying its launch capabilities, potentially enabling the company to capture a larger share of the burgeoning small satellite launch market. Future developments will likely focus on scaling operations, refining its launch vehicle technology, and securing further commercial contracts, solidifying its role as a key player in the global space economy.
See full Gilmour Space Technologies company page
