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…
The Group CEO of the biggest Australian-owned supplier of military munitions has laid out a detailed plan to mobilise the nation’s defence industrial base, emphasising “it’s time for urgency, optimism and action”. Speaking to the National Press Club in Canberra, NIOA Group CEO Robert Nioa released a report which calls on the Australian Government to…
RM Williams to open flagship store on Friday Apparel company R.M.Williams is preparing to open its flagship store to the public on December 1 in Sydney. The 91-year-old brand will open the store on George Street, in the CBD, and The Sydney Morning Herald reports that, “A customised soundtrack, signature scent and altar to R.M.…
Defence technology and engineering solutions provider KBR today announced a partnership to work with Australian electronic Warfare and surveillance technology manufacturer DEWC Services. Together, the companies will collaborate on activities related to spectrum security technology in support of the Australian Defence Force (ADF). Under the agreement, KBR and DEWC will share skills and experiences to…
