Other investors include Queensland Investment Corporation and Australian superannuation funds Hostplus, HESTA and NGS Super.

[14][15] On 29 July 2019, One Vision was prepared and fuelled for its maiden test flight, however, during the countdown to launch, the vehicle suffered an anomaly, resulting in a premature end to the mission.

[17] Eris' maiden launch is targeted for early 2025, pending final approvals from the Federal Government and Australian Space Agency.

Gilmour Space has revealed it is developing an Eris Block 2 vehicle capable of lifting up to 1,000 kg to low Earth orbit, which is expected to enter commercial service in 2026.

If built, Eris Heavy would be classified as a medium-lift launch vehicle, potentially capable of carrying human-rated spacecraft.

[18] Eris first went vertical on the launchpad on 11 April 2024 in preparation for launch,[19] and successfully conducted its first full wet dress rehearsal on 30 September 2024.

[24] Since starting its rocket program in 2015, Gilmour Space has conducted hundreds of engine static test firings, most recently: In May 2021, results from an environmental and technical study conducted by the Queensland government for Abbot Point, Bowen gave Gilmour Space the green light to begin work on an orbital launch facility at located in the Abbot Point Development Area.

When approved, this privately operated site will provide Gilmour Space with launch access to 20° to 65° low- to mid-inclination equatorial orbits.

[43] In mid 2024, construction was finalised on a 10,000 sqm advanced manufacturing facility in Yatala, Queensland, which will also serve as Gilmour Space’s new headquarters.