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Gilmour Space has raised a total of AU$26,000,000 to date.
Gilmour Space targets launch prices of $25,000 to $30,000 per kilogram.
Gilmour Space plans a first launch of an orbital rocket in 2020.
Gilmour Space is building Eris-400, a larger Eris variant that uses strap-on boosters to carry around 400 kg.
Main Sequence Ventures and Blackbird Ventures led Gilmour Space’s AU$19,000,000 Series B round announced 2018-09-28.
The larger Eris-400 rocket is priced between $10,000,000 and $15,200,000 according to the Gilmour Space website.
U.S.-based firm 500 Startups participated in Gilmour Space’s AU$19,000,000 Series B round.
Gilmour Space raised 19 million Australian dollars from investors in the Series B round.
Gilmour Space is building Eris-100, a three-stage rocket for payloads up to 100 kg.
Blackbird Ventures led Gilmour Space’s AU$5,000,000 Series A round in May 2017.
Gilmour Space will test the same engine in a sounding rocket called Ariel later 2018.
Gilmour Space is working with Australia’s new space agency on developing a mission that is still in the planning stage.