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The National Reconstruction Fund Corporation has put $10 million of equity into satellite imaging company HEO, one slice of a $37 million Series B round headed by Beaten Zone Venture Partners.
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Brisbane weather-technology startup SkySight has won a £718,586 award from UK research agency ARIA to build stratospheric weather forecasting and flight-planning tools for high-altitude pseudo-satellites, delivered through its UK subsidiary.
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Adelaide's Cambrian Defence & Space partners with Adelaide University cancer researchers to fly human stem cells on a European research rocket from Sweden, studying microgravity's effects, with South Australian government fund support.
Gilmour Space and Hypersonix have signed a partnership to offer hypersonic flight testing, combining rocket launch and scramjet technology, announced at a National Reconstruction Fund event in Canberra to build sovereign capability.
HEO has released early imagery from its first close-range orbital inspection mission, with Continuum-1 imaging a rocket body alongside partners Satellogic and UNSW Canberra Space under Defence Trailblazer funding.
Ablano's boron nitride nanomaterial flew on a suborbital rocket and its coated panels were recovered for analysis in Australia; partners Research Sat and Implement Space helped run the test toward commercialising durable components for reusable launch vehicles.
Western Australia has selected Space Angel for a $1.75 million grant to progress its proposed spaceport, covering site assessments, planning approvals and a business case, under the state's Made in WA space industry commitment.
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Southern Launch has opened a Canberra office to sit closer to government, defence and research partners; the piece recalls its $25m raise with the National Reconstruction Fund Corporation backing it.
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Space CoLAB will test its HaloCore quantum communications hardware on Orbit2Orbit's high-altitude balloon flight from Queensland in November 2026, checking how components handle near-space conditions ahead of later orbital missions.
Space Connect reports Australian space and defence startup Terram Astra has begun seeking US$10 million in seed funding for ground-based communications and orbital debris infrastructure, with a first hub planned near Alice Springs.
Adelaide satellite connectivity company Myriota has secured $50 million, half from the National Reconstruction Fund, with backing from Main Sequence and InterValley; the piece also recaps Fleet Space's recent $150m series D.
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Fleet Space Technologies has secured $150 million in a Series D round led by a Canadian pension fund, with existing backers Blackbird Ventures, Hostplus and Horizons Ventures also participating.
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Deals recorded from Space Connect's coverage. A round is listed once, however many of their articles mention it.
| Company | Stage | Announced | Amount | Investors |
|---|---|---|---|---|
| HEO | Series B | 21 Sep 2026 | $37m | |
| SkySight | Grant | 21 Sep 2026 | ~$960.8k | |
| Space Angel | Grant | 17 Aug 2026 | $1.8m | |
| Southern Launch | Series A | 4 Aug 2026 | $25m | |
| Myriota | Series B | 19 Dec 2024 | $50m | |
| Fleet Space Technologies | Series D+ | 12 Dec 2024 | $150m | |
| Fleet Space Technologies | Series C | 24 May 2023 | $50m | |
| Fleet Space Technologies | Series B | 2021 | $35m |
Companies named in Space Connect's articles, most-covered first.
| Company | What it does | Articles |
|---|---|---|
| Barrick Gold | 2 | |
| Core Lithium | 2 | |
| Fleet Space Technologies | nano satellite startup | 2 |
| Gilmour Space | Queensland rocket builder and launchpad scaleup | 2 |
| HEO | 2 | |
| Rio Tinto | 2 | |
| South Australian Government | 2 | |
| SpaceX | Aerospace company operating the Starlink satellite constellation and orbital launch servi… | 2 |
| ACT Government | 1 | |
| AtSpace | 1 | |
| Australian Department of Defence | 1 | |
| Australian Government | 1 | |
| Australian government Department of Education | 1 | |
| BAE Systems | 1 | |
| Defence Trailblazer | 1 | |
| HyImpulse | 1 | |
| Hypersonix | 1 | |
| Japanese government | 1 | |
| Kea Aerospace | 1 | |
| Lux Aeterna | 1 | |
| Myriota | 1 | |
| NASA | Space agency and customer of Advanced Navigation | 1 |
| Orbit2Orbit | Company operating the Lab2Space program and Pathfinder stratospheric balloon mission | 1 |
| Satellogic | 1 | |
| SkySight | 1 | |
| Southern Launch | South Australian rocket launchpad and spaceport operator | 1 |
| Space Angel | Perth-based startup aiming to create sustainable space infrastructure with dual-corridor … | 1 |
| Space CoLAB | 1 | |
| Terram Astra | 1 | |
| The Perlan Project | 1 | |
| University of Adelaide | University leading the Current and Emergent Quantum Technology training centre | 1 |
| University of Western Australia | University analyzing recovered experimental panels | 1 |
| UNSW Canberra Space | 1 | |
| Varda Space Industries | Space manufacturing company that grew and returned crystalline pharmaceutical compounds f… | 1 |
Investors named in Space Connect's articles, most-covered first.
| Investor | What it does | Articles |
|---|---|---|
| National Reconstruction Fund Corporation | 4 | |
| Advanced Research and Invention Agency | 1 | |
| AirTree Ventures | 1 | |
| Beaten Zone Venture Partners | 1 | |
| Blackbird Ventures | 1 | |
| Cook government | 1 | |
| DCode Capital | 1 | |
| Deepwater | 1 | |
| Dumm Capital | 1 | |
| Horizons Ventures | 1 | |
| Hostplus | 1 | |
| InterValley Ventures | 1 | |
| Main Sequence Ventures | 1 | |
| Paspalis | 1 | |
| Salus Ventures | 1 | |
| Teachers' Venture Growth | 1 | |
| Ten13 | 1 | |
| UNSW | 1 | |
| Wunala Capital | Investment and fund management for growth tech firms | 1 |