Corporate / CVC
Adelaide, SA
Every published round Sovereign Propulsion Systems 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.
Companies Sovereign Propulsion Systems has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Sovereign Propulsion Systems, as distinct from the investments it has made.
Companies Sovereign Propulsion Systems has backed that another company then bought. An exit for the holding, not a deal Sovereign Propulsion Systems did.
Stories naming Sovereign Propulsion Systems. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Drone propulsion maker Aurora Labs raised roughly $5.5 million in a placement to fund development and grow its Western Australian plant, with Sovereign Propulsion Systems among backers and Bell Potter running the raise.
Aurora Labs raised A$5.5 million in a placement that brought drone-engine maker Sovereign Propulsion Systems in as cornerstone backer, and signed SPS to test and exclusively distribute its turbine engines across AUKUS countries.