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Southern Launch capital raising: Former Macquarie chief Nicholas Moore backs space tech firm $25m raise
Australian Financial Review
ENRICHED
Details
- Date Published
- 30 June 2026
- Priority Score
- 0
- Australian
- Yes
- Created
- 4 July 2026, 10:01 pm
Authors (2)
- Paul SmithENRICHED
- Simon EvansNEW
Description
Southern Launch, which operates a rocket testing and spacecraft re-entry facility in outback South Australia, attracted some big names in its latest capital raising.
Summary
This reporting details a $25 million funding round for Southern Launch, an Australian space technology firm specializing in rocket testing and spacecraft re-entry. While the company focuses on aerospace infrastructure and launch logistics, the article contains no mention of artificial intelligence development, governance, or safety frameworks. The content lacks relevance to AI safety discourse or the mitigation of catastrophic risks associated with frontier AI models.
Body
TechnologySpacePrint articleSimon Evans and Paul SmithJun 30, 2026 – 5.00amFormer Macquarie Group chief executive Nicholas Moore is among investors in a $25 million capital raising that values Australian space technology group Southern Launch at about $100 million.The company operates a rocket testing and spacecraft re-entry facility in outback South Australia, and interest in backing the sector has been buoyed by Elon Musk’s record-breaking SpaceX float.Loading...SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleRead MoreSpaceElon MuskSpaceXMacquarie GroupMacquarie BankInfrastructureFundingNicholas MooreSouth AustraliaFetching latest articles