Gilmour Space Technologies aims to launch two rockets and raise $150m
Founder Adam Gilmour spent most of 2024 waiting on permits. He intends to make up for lost time in 2025.
Adam Gilmour has ambitious plans to raise $150 million in a Series E round next year. All he needs to do first is launch a rocket.
Gilmour Space Technologies is eyeing a late-January launch for its Eris spacecraft, the culmination of 13 years of development. The rocket is ready to go, Gilmour says, with the company awaiting approval from the Civil Aviation Safety Authority (CASA).
He expects the green light this week, after which the company will schedule the launch for a mandatory minimum of 28 days post-approval from CASA, which is responsible for clearing the airspace above the launch zone.
“If we get it done [this] week, we’ll set the launch window on the last week or last 10 days of January,” Gilmour said to Capital Brief. "That's setting our launch day right now."
