Australian rocket startup Gilmour Space raises $145 million in investment capital

Gilmour’s Eris rocket falling sideways from launchpad
(indicated by red dot) in July 2025. Click for much better
video.
The Australian rocket startup Gilmour Space, whose one orbital test launch in 2025 failed, has now raised an additional A$217 million ($145 million American) in investment capital, in addition to the A$142 million it had previously raised.
The Series E round was jointly led by the National Reconstruction Fund Corporation (NRFC) and Hostplus, with participation from Future Fund, Blackbird, Funds SA, HESTA, NGS Super, Main Sequence, QIC, and Brighter Super.
…Proceeds from the raise will be used to support continued development and qualification of its Eris orbital launch vehicle, scale rocket and satellite manufacturing, expand test and launch infrastructure, and grow the company’s workforce to meet global demand for space launch services.
The National Reconstruction Fund Corporation is a government agency with a A$15 billion budget tasked to help finance new industries. It contributed A$75 million in this fund raising round.
The other major contributor was Hostplus, which matched that contribution.
Though the company has said it will attempt a second orbital test launch in 2026, no dates have been announced.

Gilmour’s Eris rocket falling sideways from launchpad
(indicated by red dot) in July 2025. Click for much better
video.
The Australian rocket startup Gilmour Space, whose one orbital test launch in 2025 failed, has now raised an additional A$217 million ($145 million American) in investment capital, in addition to the A$142 million it had previously raised.
The Series E round was jointly led by the National Reconstruction Fund Corporation (NRFC) and Hostplus, with participation from Future Fund, Blackbird, Funds SA, HESTA, NGS Super, Main Sequence, QIC, and Brighter Super.
…Proceeds from the raise will be used to support continued development and qualification of its Eris orbital launch vehicle, scale rocket and satellite manufacturing, expand test and launch infrastructure, and grow the company’s workforce to meet global demand for space launch services.
The National Reconstruction Fund Corporation is a government agency with a A$15 billion budget tasked to help finance new industries. It contributed A$75 million in this fund raising round.
The other major contributor was Hostplus, which matched that contribution.
Though the company has said it will attempt a second orbital test launch in 2026, no dates have been announced.







