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Gilmour Space Technologies raised $217 million in a funding round led by Australia’s National Reconstruction Fund Corporation and Hostplus, sparking new hope for the country's space race ambitions.

PRIVATEJan 19, 20265 months ago

Amount Raised

$217 Million

Investors

HostplusNational Reconstruction Fund Corporation

Description

Gilmour Space Technologies has secured $217 million in funding, making it Australia’s newest unicorn. The funding round was led by the federal government’s National Reconstruction Fund Corporation and Hostplus, providing crucial capital for the Queensland-based company. CEO Adam Gilmour expressed that this is the first significant capital raise compared to global competitors. The investment aims to bolster Australia’s sovereign launch capabilities amid geopolitical tensions.

Company Information

Company

Gilmour Space Technologies

About

The company has developed a small launch vehicle it calls Eris, a 25 meter (82 foot) rocket that can deliver payload of up to 215 kilograms (474 lbs) to sun synchronous orbit.

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Predictive Intelligence
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Funding Insights

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Tech investment trends
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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