Startup · $6m raised
Adelaide, SA
Every investor coverage indicates participated in a round Inovor Technologies raised.
| Investor | Rounds | Invested |
|---|---|---|
| Defence Innovation Hub | Grant · Grant | $272,000 |
Companies Inovor Technologies acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Dr Matthew Tetlow | Chief Executive Officer · Founder | Startup Daily, SmartCompany, @AuManufacturing (Fri 16 Aug 2019), @AuManufacturing (Fri 5 Apr 2019) |
Stories naming Inovor Technologies. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Gilmour Space's Eris rocket lifted off but exploded seconds later near Bowen; the founder hailed the short flight as a milestone, while its ElaraSat satellite bus flew successfully on a SpaceX rideshare mission.
The University of Melbourne's SpIRIT gamma-ray nanosatellite has launched, with Australian Space Agency grants of nearly $7 million supporting the project alongside Italian and local industry partners.
QuantumTX's 2022 space and technology incubator has awarded $750,000 across 30 Australian companies, half from Western Australia, working in remote operations fields including robotics, AI and satellite communications.
Seven South Australian manufacturers, including Bickford's, Orora and Inovor Technologies, have received federal grants totalling $48 million under Round 2 of the Modern Manufacturing Initiative's Integration and Translation streams.
Four space companies have received federal grants under the Moon to Mars initiative's Supply Chain Capability stream, with the space agency's head praising the link between space and manufacturing.
Profile of satellite IoT company Myriota, a University of South Australia spin-out, recalling its seed backing from exactEarth and support from investors such as In-Q-Tel, Host Plus and Main Sequence Ventures.
Silentium Defence wins a $3.2m Defence contract for its passive space radar, plus a $1.46m Space Agency award for an observatory; Prism Systems receives a $925,000 grant for Navy-related work.
Adelaide defence firm DEWC Systems won a $3.1 million government contract to develop a CubeSat electronic warfare sensor constellation, having earlier bought engineering firm AES to build its own hardware.
An Adelaide machine learning research group led by Tat-Jun Chin has won a $600,000 SmartSat CRC grant to continue work on detecting, tracking and removing space debris, collaborating with universities and local space firms.
Four South Australian defence SMEs, including Inovor, Solinnov and Consunet, plus QinetiQ's Adelaide office, have won Defence Innovation Hub contracts for satellite, radio and electromagnetic technologies.
Fifteen companies received defence innovation grants totalling $28 million through the Defence Innovation Hub, including Carbon Revolution for Chinook helicopter wheels; the Geelong firm also completed a convertible note raising in June.
Also @AuManufacturing
Adelaide electronic warfare firm DEWC Systems plans to launch its MOESS CubeSat constellation from Southern Launch's Whalers Way site, recalls a grant, and has acquired local engineering firm AES.
Adelaide satellite firm Inovor Technologies wins a Defence Innovation Hub grant to test its satellite stabilisation algorithm, aiming at Defence adoption and later international customers.
Also @AuManufacturing