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Aussie rocket company reaches new milestone in nano-satellite race

Gilmour Space Technologies, the Australian rocket company that is developing low-cost launch vehicles for the small satellite market — especially those developing telecommunications satellites, such as Aussie startup Fleet — has successfully achieved 70,000 newtons of thrust in what it says could be "the world’s largest successful test fire of a single-port hybrid rocket engine."

The Gold Coast-based rocket company, which has a subsidiary in Singapore, has so far raised A$5 million in Series-A funding from venture capital firms Blackbird Ventures and 500 Startups, among others. Gilmour Space has also been awarded various R&D grants in Singapore and Australia.
Now it says its "G-70" orbital-class rocket engine has achieved a new milestone.

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