{"id":4847,"date":"2024-02-27T00:00:00","date_gmt":"2024-02-26T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4847"},"modified":"2024-02-26T18:39:48","modified_gmt":"2024-02-26T10:39:48","slug":"daily-markup-934-gilmour-space-lands-us36m-series-d-to-launch-australias-first-orbital-rocket-and-create-more-local-jobs","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4847","title":{"rendered":"Daily Markup #934: Gilmour Space lands US$36M Series D to launch Australia\u2019s first orbital rocket and create more local jobs"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/67zr6u9xnGgBLGKcvy6gXWHapVYB15J2MgqVGTTFDg6mb746fYWmu1hLJ4Fsu6MYUmlddvBaJO-9PJJGWZWbDufuIbGY3qe37lyxa3UrHs600I_Oh_1bEl5onZ7NE31R-PDTFgUJBZYRiFJcYfaabjI\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Photo credit: Gilmour Space<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ready to launch<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It\u2019s almost go time for 500-backed rocket company <a href=\"https:\/\/www.gspace.com\/\">Gilmour Space Technologies<\/a>, fueled by a US$36M Series D ahead of their maiden orbital launch later this year.<\/li>\n\n\n\n<li>The funding will support the team\u2019s efforts to manufacture, test and begin launching rockets and satellites from the Bowen Orbital Spaceport in North Queensland.<\/li>\n\n\n\n<li>&#8220;Our vision is for rockets made and launched in Queensland, carrying satellites and other payloads to space for our global customers,\u201d Co-founder &amp; CEO <a href=\"https:\/\/www.linkedin.com\/in\/adam-gilmour-03313489\/\">Adam Gilmour<\/a> shared. &#8220;Our team is fortunate to be backed by high-caliber investors whose unwavering support has led to the development of Australia&#8217;s first orbital rocket, built by an Australian-owned company, and supported by a local space supply chain.\u201d<\/li>\n\n\n\n<li>The fresh capital will also enable the team to leverage more immediate opportunities in Australia and abroad, as well as hire and upskill even more Queenslanders. Since 2021, the company has created more than 100 jobs across Queensland and plans to expand their team to over 300 members by mid-2027.<\/li>\n\n\n\n<li>The team is developing a three-stage rocket called Eris. The first test flight is expected in the coming months, pending launch approvals from the Australian Space Agency. Commercial launches are scheduled to begin in 2025.<\/li>\n\n\n\n<li>Read the full story <a href=\"https:\/\/bit.ly\/42PNSGS\">here<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Ready to launch<\/p>\n","protected":false},"author":5,"featured_media":4848,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[328],"class_list":["post-4847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-gilmour-space"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #934: Gilmour Space lands US$36M Series D to launch Australia\u2019s first orbital rocket and create more local jobs - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=4847\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #934: Gilmour Space lands US$36M Series D to launch Australia\u2019s first orbital rocket and create more local jobs - Markup\" \/>\n<meta property=\"og:description\" content=\"Ready to launch\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=4847\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-26T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-26T10:39:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-24-at-6.39.06-PM.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1746\" \/>\n\t<meta property=\"og:image:height\" content=\"1162\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=4847#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-24-at-6.39.06-PM.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-24-at-6.39.06-PM.jpg\",\"width\":1746,\"height\":1162},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=4847#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=4847\",\"name\":\"Daily Markup #934: Gilmour Space lands US$36M Series D to launch Australia\u2019s first orbital rocket and create more local jobs - 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