Eight small to medium-sized businesses delivering priority capabilities for Defence will be assisted by federal government grants totalling $3.47 million. The Defence Global Competitiveness and Sovereign Industrial Capability Priority grant programmes help Australian businesses boost manufacturing, harness their expertise and increase jobs. The latest recipients are: QPE Advanced Manufacturing (pictured) will receive $1 million to…
Excitement is building as Gold Coast based Gilmour Space Technologies prepares its Eris rocket for its inaugural flight into space. The company has been teasing the public for weeks about the planned date for the historic launch – the first of a fully Australian developed and manufactured rocket capable of reaching Low Earth Orbit. Australia’s…
The Australian Space Agency has funded the development of an Australian aerospace grade Global Navigation Satellite System (GNSS) receiver. The receiver, funded under its Moon to Mars Supply Chain Capability Improvement Grants scheme, is destined for use in various aerospace applications such as rockets, satellites, and aircraft. Queensland-based Gilmour Space Technologies, in collaboration with the…
Auckland, New Zealand based Frond Space Systems and Gold Coast rocket manufacturer Gilmour Space Technologies have signed a contract to supply a dragsail system for Gilmour Space’s MMS-1 satellite mission. Frond, which specialises in deployable space technology will provide a MICRO dragsail system, a lightweight and compact device that can be deployed at the end…
By Adam Gilmour There is a space treaty being proposed in Parliament right now that sounds innocuous, but has the potential of being the biggest speed-bump/handbrake or ‘own goal’ for the Australian space industry. Tabled in Parliament on 28 February, the Technology Safeguards Agreement (TSA) between Australia and the United States essentially allows US rockets…
The Gilmour Space Technologies-operated spaceport in north Queensland has gained approval as an orbital launch facility, Gilmour announced on Tuesday morning. The Bowen Orbital Spaceport is the first granted its licence by federal industry minister Ed Husic under the Space (Launches & Returns) Act 2018, the company said. Rocket manufacturer and launch services provider Gilmour…
By Peter Roberts Australia has a modest R&D tax incentive programme which rewards innovative young companies with a tax refund based on their R&D spending. But those same small companies face a refund cliff should they grow too big – the scheme returns tax on the basis of R&D performed only up to a company…
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…
By Peter Roberts The Queensland government is getting back in the venture capital game and directly investing in young – and inherently risky – businesses. State owned VCs have been on the nose since the failure of the Victorian Economic Development Corporation and subsequent abolition in 1993, its demise as much a result of the…
Neumann Space today announced that they have signed an MOU with Spire to form a teaming relationship to collaborate on the integration of a Neumann Space propulsion system on-board one of the proven Spire satellite platforms for an In-Orbit Demonstration mission! This project will be supported by funding from the Australian Government. The agreement was…
