Hanwha deepens links to Australian industry

Korea’s Hanwha Defence has deepened its links with Australia’s defence and space industries with a series of MOUs signed with several indigenous industry partners. Hanwha has linked with companies including rocket manufacturer Gilmour Space Technology, navigation systems company Advanced Navigation, and eVTOL/UAS leader AMSL Aero as well as foreign owned communications company Safran in Australia.…

Gilmour Space raises $55m, Eris rocket heads for space

The historic launch of an Australian developed and manufactured rocket is closer with Gold Coast-based Gilmour Space Technologies closing a $55 million Series D capital raise ahead of the company’s maiden orbital launch later this year. Led by Queensland Investment Corporation (QIC) with Blackbird, Main Sequence and Australian superannuation funds HostPlus and HESTA, the capital…