Gilmour Space Technologies is a company.
Gilmour Space Technologies has raised $100.0M across 4 funding rounds.
Key people at Gilmour Space Technologies.
Gilmour Space Technologies has raised $100.0M in total across 4 funding rounds.
Gilmour Space Technologies is an Australian aerospace company developing low-cost hybrid-propellant rocket engines and the Eris orbital launch vehicle to deploy small satellites up to 400 kg into low Earth orbit (LEO), alongside the modular ElaraSat satellite bus for ride-sharing services[1][2][4]. It serves commercial, government, and defense customers by addressing high launch costs and limited access for small satellites, operating from a private spaceport in North Queensland with backing from major investors like Blackbird Ventures, Main Sequence Ventures, and Fine Structure Ventures, totaling over $262 million in funding[1][3][5]. The company has demonstrated growth through hundreds of engine tests, suborbital flights, and partnerships, though its first Eris orbital attempt in 2025 failed shortly after launch[1][2].
Gilmour Space Technologies was founded in 2012 (with rocket development starting in 2015) by brothers Adam Gilmour (CEO with a 20-year investment banking background) and James Gilmour (Director) on Queensland's Gold Coast[1][2][3][5]. The idea emerged from building spaceflight simulators for exhibits, evolving into hybrid rocket tech after Adam's passion for rocketry led to recruiting top engineers[1][5]. Early traction came in 2016 with Australia and Singapore's first private hybrid rocket launch reaching 4-5 km, followed by larger developments like the One Vision suborbital rocket and Eris[1].
Gilmour Space rides the New Space wave of small satellite proliferation, where launch bottlenecks hinder growth despite booming demand from Earth observation, communications, and defense[4][5]. Timing aligns with Australia's space sector expansion—projected to add billions in GDP via government-backed local firms—and global market growth like rocket engines reaching $4.47 billion by 2029[2][4]. Favorable forces include venture funding from super funds, international deals (e.g., Sojitz Corporation), and IAF membership, positioning it to catalyze Australia's space economy while challenging incumbents like SpaceX on cost for small payloads[1][3][4][5].
Gilmour Space's resilient pivot post-2025 Eris failure—amid ongoing engine tests and partnerships—signals strong momentum toward commercial launches from Bowen, potentially scaling ElaraSat deployments[1][2][4]. Rising smallsat demand, hybrid tech maturation, and Australian policy support for sovereign space will shape its path, evolving it from pioneer to regional launch leader. This builds on its investor-backed foundation, democratizing orbits as envisioned: ALL ORBITS. ALL PLANETS[4][5].
Key people at Gilmour Space Technologies.
Gilmour Space Technologies has raised $100.0M in total across 4 funding rounds.
Gilmour Space Technologies's investors include Blackbird Ventures Australia, Bond, Brick & Mortar Ventures, CITG Capital, E1 Ventures, Footwork, FPV Fund, Heartcore Capital, InterWest, Jigsaw VC, Main Sequence Ventures, Partech Ventures.
Gilmour Space Technologies has raised $100.0M across 4 funding rounds. Most recently, it raised $36.0M Series D in February 2024.
