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11 of the Most Exciting Space Startups Right Now According to VCs

11 of the Most Exciting Space Startups Right Now According to VCs
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Gilmour Space secures $61 million; seven more startups heading into orbit

Adam Gilmour, founder and chief of Gilmour Space Technologies. Source: Supplied. Gilmour Space blasted onto the tech pages with news of its $61 million raise this morning, proving the Aussie space scene is attracting interest and big cheques. It’s the latest in a string of huge funding announcements for local startups. But it also follows an uptick in activity in the Aussie space tech scene. RMIT is set to launch a space hub to support businesses seeking satellite data, and the Australian National University has secured a $2.5 million grant to establish infrastructure for space testing facilities. The Moonshot space tech incubator announced back in November that it was backing 11 space startups, including both Aussie and international ventures.

Space companies making one giant leap for Australia

Space companies making one giant leap for Australia Save Share As Australia steps up its involvement in the space race, a Sydney start-up is building the nation’s largest homemade spacecraft and plans to be part of a launch in less than 12 months. Space Machines founder and chief executive Rajat Kulshrestha has dubbed Optimus-1 a “space taxi”, capable of rendezvousing with rockets to ferry satellites to their final orbit. Space Machines founder and CEO Rajat Kulshrestha and HEO Robotics CEO William Crowe are part of an emerging homegrown space industry.   Dominic Lorrimer “We want to be like FedEx. You tell us where to go,” he said.

NASA partners with companies to test satellite fixtures for robotic grappling

NASA partners with companies to test satellite fixtures for robotic grappling
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Space Machines Signs Bushfire Detection Mission for First Customer

Space Machines Company, an Australian in-space transportation provider, has signed a deal with Fireball International to deploy its bushfire detection satellite into its final orbit on board Space Machines Company’s orbital transport, Optimus-1, in 2022. The company announced the deal on Tuesday. This is Space Machines’ first customer agreement. This agreement aims to strengthen Australia’s defense against extreme weather events, and it is another example of the developing space market in Australia. The Space Machines orbital transport vehicle Optimus-1 for this mission will be launched by Australian launch company “We are proud to enable this vital and pioneering Australian space technology deployment. The fact that three Australian companies are joining to accomplish this vital mission is evidence of a growing sovereign industrial capability in space technology in our country,” Space Machines Company founder and CEO Rajat Kulshrestha said in a statement.

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