According to The Australian Financial Review, Queensland's Gilmour Space Technologies just closed a $19 million round led by CSIRO-backed Main Sequence Ventures and Blackbird Ventures. Blackbird also led its $5 million 'Series A' round last May, which allowed Gilmour to develop a rocket it claims will slash the launch price for companies wanting to put so-called 'nano-sateliites' into space, for uses ranging from establishing telecommunications in remote areas to running internet-of-things networks.
There has been a clamour of venture capital investment in Australian space technology recently. Two makers of nano-satellites, Fleet Space Technolgies and Myriota, have together attracted more than $20 million, in Fleet's case from Blackbird Ventures and Mike Cannon-Brookes, in Myriota's a consortium including Boeing and Main Sequence.
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