An All-Australian Space Voyage
Gilmour Space Technologies prepares to launch its Eris Rocket in 2022.
Australian rocket company Gilmour Space Technologies is standing on the precipice of a new era as it prepares for the maiden voyage of its Eris rocket in 2022. Contracted by stealth-mode startup Space Machines Company to launch a 35-kilogram spacecraft into orbit, this marks the largest payload announced to date by an Australian company.
“This could well be the first Australian payload to be launched to orbit on an Australian rocket, from an Australian launch site,” says Adam Gilmour, co-founder, and CEO of Queensland-based, Gilmour Space Technologies that is domestically pioneering the build of new hybrid rockets to meet the world’s growing demand for small rocket launches.
The move is considered to exponentially transform access to, and the commercialisation of space, with Space Machines Company aiming to cost-effectively insert small satellites into desired low earth orbits, geostationary earth orbits and Cis-Lunar orbits with reusable in-space infrastructure.
“We are delighted to be supporting Gilmour’s first commercial flight and being part of this important milestone in the development of Australia’s space industry,” Space Machines Company co-founder and CEO Rajat Kulshrestha said.
The $500 billion-a-year global space economy is a lucrative and emerging market, and agile players such as Gilmour Space Technologies have been driving Australia’s growth in this market across recent years. “Startups like Space Machines Company are gearing up to launch their innovative new products and services to market. But getting to space is still a big challenge for small-payload customers, particularly if they need access to specific orbits or inclinations," said Mr. Gilmour.
Gilmour Space Technologies is VC backed with investors including Blackbird Ventures, Main Sequence Ventures, and 500 Startups, and is planning another capital raise at the end of the year. “We’ve closed two commercial launch contracts in the last few months, and are targeting 12 rockets a year by 2025,” says Gilmour. “It’s clear to us that the Australian space industry is ready for launch.”