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Rocket startup Gilmour Space raises $46M Series C to take small launch vehicle to orbit



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Australian rocket launch startup Gilmour Space Technologies is betting that bigger isn’t always better. The company has developed a small launch vehicle it calls Eris, a 25 meter (82 foot) rocket that can deliver payload of up to 215 kilograms (474 lbs) to sun synchronous orbit. Now, it’s raised a $61 million AUD ($46 million USD) Series C round to take Eris to space next year.
Eris is much smaller than other launch companies’ rockets. Relativity Space’s Terran One has a max payload capacity to LEO of around 1,250 kg (2,756 lbs); even SpaceX’s Falcon 1, its first and smallest orbital rocket, could deliver 450 kg (990 …

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