Gilmour Space Technologies, the Australian rocket startup gunning for business from SpaceX and its Starlink satellite broadband constellation, will soon begin the search for more venture capital ahead of its premier commercial space launch in 2022.
“We are going to do another capital raise at the end of the year,” Gilmour Space Technologies chief and co-founder, Adam Gilmour, told InnovationAus.
Gilmour Space, a Queensland-based hybrid rocket launcher, raised $19 million in a Series B in 2018 from Main Sequence Ventures and Blackbird Ventures, which led a $5 million Series A round a year earlier with backing from US-based 500 Startups.