Overview
- The Series E raise totals A$217 million co-led by the National Reconstruction Fund Corporation and HostPlus, making it the company’s largest round to date.
- NRFC chief David Gall and Industry Minister Tim Ayres framed the funding as strategic for building domestic launch capacity and leveraging Australia’s geographic advantages.
- Gilmour Space says the capital will advance Eris rocket development and expand production and spaceport operations on the Gold Coast and at Bowen in North Queensland.
- After a July launch failure about 14 seconds after liftoff, the company reports it identified hybrid engine thrust losses, ran corrective tests, and is targeting a sub‑orbital test in Q2 2026 and another orbital attempt in Q3 2026.
- Additional backers include the Future Fund, HESTA, QIC, Funds SA, NGS Super, Brighter Super, Blackbird and Main Sequence, with reports placing the company’s valuation above A$1 billion.