Southern Launch has closed $25 million funding round lead by an Australian national security investment firm Brindabella and Company and the National Reconstruction Fund Corporation (NRFC).<\/p>\n
Southern Launch has closed a $25 million Series A to scale its spaceport infrastructure, grow its workforce and accelerate launch, re-entry, and range services.<\/p>\n
The raise has included a $10 million investment from the NRFC, Australia’s sovereign investor in manufacturing capability. Other investors include former Macquarie Group CEO and CFO Nicholas Moore and Alex Harvey, and Coupland Asset Management.<\/p>\n
“This raise is a major milestone for Southern Launch and a strong vote of confidence in Australia’s sovereign space capability. With the backing of world-class investors and the Australian Federal Government through the NRFC, we are scaling infrastructure and capabilities to position Australia as a global leader in launch and re-entry, while unlocking new economic opportunities in low-Earth orbit and beyond,” Southern Launch CEO, Lloyd Damp, said.<\/p>\n
Since conducting Australia’s first commercial rocket launch in 2020, Southern Launch has built infrastructure and vertically integrated processes for orbital and suborbital launch, hypersonic flight, re-entries from space, and range services for advanced system testing.<\/p>\n
In February 2025, Southern Launch facilitated, the company claims, the world’s first commercial spacecraft re-entry at the Koonibba Test Range and has completed a further three re-entries, the latest landing back on Earth in May 2026. The company also supported NASA’s Artemis II lunar mission earlier this year.<\/p>\n
\u201cSouthern Launch is a globally unique business supporting orbital & sub-orbital launch, range testing services for terrestrial & maritime UAS & C-UAS, hypersonic testing, in addition to the burgeoning microgravity drug discovery industry,\u201d Brindabella & Company CEO, Anthony Wilson, stated.\u00a0<\/p>\n
\u201cSouthern Launch is well positioned to help Australia become a global centre in the rapidly growing trillion-dollar space economy.\u201d<\/p>\n
Southern Launch\u2019s capabilities span launching rockets, testing aerospace technologies and bringing spacecraft safely back to Earth. This includes returning materials manufactured in space, such as next-generation pharmaceuticals developed in microgravity, where the unique conditions of space allow for breakthroughs not possible on Earth.<\/p>\n
“Southern Launch meets a critical need for rocket launch and re-entry services in the Southern Hemisphere and NRFC investment addresses a global bottleneck in the space industry by securing this sovereign capability for Australia,” NRFC CEO, David Gall, highlighted.\u00a0<\/p>\n
Current spaceports include the Koonibba Test Range, developed in partnership with the Koonibba Community Aboriginal Corporation and the Whalers Way Orbital Launch Complex, both located in South Australia.<\/p>\n","protected":false},"excerpt":{"rendered":"Southern Launch has closed $25 million funding round lead by an Australian national security investment firm Brindabella and…\n","protected":false},"author":2,"featured_media":768618,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-768617","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/768617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=768617"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/768617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/768618"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=768617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=768617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=768617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}