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Gilmour Space Technologies Secures $217 Million Funding to Advance Australia's Space Launch Capabilities

SPACE ECONOMY

Gilmour Space Technologies has secured $217 million in funding, led by the National Reconstruction Fund Corporation and Hostplus, elevating the company to unicorn status with a valuation over $1 billion. The investment aims to bolster Australia's sovereign launch capabilities, reducing dependence on foreign providers, and supports upcoming test flights for Gilmour's Eris rocket and future hypersonic and orbital missions.

Gilmour Space Technologies Secures $217 Million Funding to Advance Australia's Space Launch Capabilities
Jan 20, 2026, 2:26 PM

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