Startup · $22.5m raised
Adelaide, SA
Every investor coverage indicates participated in a round Saber Astronautics raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Government | Grant · Grant | $7,000,000 |
| Australian Space Agency | Grant · Grant | $6,000,000 |
| Defence Innovation Hub | Grant · Grant | $8,700,000 |
| Federal Government | Grant | $6,000,000 |
| US Small Business Innovation Research programme | Grant | - |
Every published round Saber Astronautics took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Quasar Satellite Technologies | Unnamed stage | 4 May 2021 | $12m | Participant | SmartCompany (Wed 5 May 2021), SmartCompany (Wed 5 May 2021), @AuManufacturing |
Companies Saber Astronautics has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Quasar Satellite Technologies | 4 May 2021 | 1 | 0 |
Fund closes reported for Saber Astronautics, as distinct from the investments it has made.
Companies Saber Astronautics has backed that another company then bought. An exit for the holding, not a deal Saber Astronautics did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Saber Astronautics is recorded as having been acquired. | ||||
Companies Saber Astronautics 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 Jason Held | Chief Executive Officer | Defence Connect, @AuManufacturing (Tue 11 Apr 2023), @AuManufacturing (Tue 6 Sep 2022), @AuManufacturing (Tue 16 Feb 2021) |
Stories naming Saber Astronautics. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A Sydney defence and space technology company has completed an oversubscribed funding round led by Paspalis Capital to expand its satellite data coordination platform and grow its engineering team.
Space software firm Saber Astronautics has received a US Air Force TACFI award of $540,000 to further develop its Space Cockpit space operations software, building on earlier support won in 2019.
A Sydney space incubator, a joint venture of TCG Group and Saber Astronautics, hosts six startups; three collaborate on an earth observation project supported by a manufacturing grant and university engineering help.
Spiral Blue receives a $578,000 AMGC commercialisation grant for a hyperspectral satellite imagery project with several partners, and had earlier won an Australian Space Agency supply chain grant.
Also @AuManufacturing·SmartCompany·Startup Daily·SmartCompany
A new national network to certify space-bound hardware has launched with a $2.5m federal grant, with six organisations including Wollongong and Saber Astronautics contributing; Saber's control centre earlier received a similar grant.
Weekly technology roundup covering Australia's digital economy budget, multiple startup raises including SafetyCulture's unicorn round, Data Republic's administration, TikTok's new permanent CEO, and Bill.com's purchase of Divvy.
Also Startup Daily
Ground-station startup Quasar has launched alongside a $12 million raise from CSIRO, Main Sequence, a NSW government office and several Australian space and telecom firms, commercialising phased array technology that talks to many satellites simultaneously.
Also SmartCompany·SmartCompany
Briefs cover a Bundaberg bioHub development, Incannex's approved sleep apnoea trial, Saber Astronautics winning a US grant for its de-orbit tether, and Next Science's September $10 million raise.
Crikey examines how former minister Christopher Pyne's 'strategic advice' to space firm Saber Astronautics avoids lobbying rules, after Saber received seven million dollars in government grants.
Also @AuManufacturing
Ten Australian space projects, from universities and startups, share eleven million dollars in Australian government grants for work including CubeSats, spacesuits and astronaut training simulations.
Also @AuManufacturing·@AuManufacturing·Startup Daily·SmartCompany·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing
Saber Astronautics wins federal and South Australian government funding to build a space mission control centre in Adelaide, housing facilities for businesses and researchers and linking live to the International Space Station.
Also @AuManufacturing
Two defence-sector companies received Defence Innovation Hub contracts announced by the minister: one for bridge monitoring technology, the other for space traffic management data solutions.