What is Gilmour Space Technologies?
Founded by two brothers in Gold Coast, Queensland, Gilmour Space Technologies is an Australian launch services company that is developing new capabilities for launching satellites to space. Since commencing 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 indicates a strong growth phase, supported by consistent capital injections from both government grants and private venture 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 Blackbird, Hostplus, NGS Super, Main Sequence, Hesta, and Fine Structure Ventures
Grant (2022): $157M supported by Governess Australia
Series D (2024): $55M featuring QIC, Blackbird Ventures, Main Sequence Ventures, and Hesta
Key Investors in Gilmour Space Technologies
QIC
QIC 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.
Blackbird Ventures
Blackbird is an Australian venture capital firm that partners with founders at the very beginning of their journey, supporting them through every stage of their company's life.
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 and address significant global challenges.
What's next for Gilmour Space Technologies?
With its recent major strategic investment, Gilmour Space Technologies is poised for accelerated growth and technological advancement. The substantial capital infusion, part of its enterprise-level funding, will likely be directed towards scaling operations, enhancing its launch vehicle capabilities, and expanding its market reach. This strategic backing signals strong confidence from investors in Gilmour Space's mission to democratize access to space and solidify Australia's position in the global space economy. Future developments may include increased launch cadence, development of larger payload capacity rockets, and potential international partnerships.
See full Gilmour Space Technologies company page
