Two of Australia’s new space pioneers, Queensland rocket manufacturer Gilmour Space Technologies, and South Australian nanosatellite manufacturer for the Internet of Things (IoT) Fleet Space Technologies, are joining forces to launch small satellites to orbit.
Australia’s Department of Defence is collaborating with rocket company Gilmour Space Technologies on the development of new space technologies aimed at helping launch Australian rockets and satellites into space.
Investment in Australian start-ups continues to hit new highs, according to a new report which reveals that the start-up sector has again experienced a quarter of growth in venture capital.
Queensland-based Gilmour Space Technologies has secured $19 million in funding from the CSIRO's Innovation Fund, managed by Main Sequence Ventures, and Blackbird Ventures, to develop low-cost rockets, the Federal Government's Industry, Science and Technology Minister Karen Andrews has announced.
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