Insider Brief:
- Aurora Avionics has secured £320,000 in funding from the Gabriel Investment Syndicate and Scottish Enterprise to enhance its position in Scotland’s growing space sector.
- The new funding will boost the development of their technology, which aims to revolutionize launch vehicle systems.
- Image credit: The Scotsman/Jason Cowan
Aurora Avionics, an Edinburgh-based space firm, has reportedly secured funding to enhance its position in Scotland’s growing space sector, which is projected to be worth £4 billion by 2030. Founded in 2023, the company focuses on developing avionics systems essential for guiding rockets to their destinations.
The firm received £320,000 from the Gabriel Investment Syndicate and Scottish Enterprise. This funding will accelerate its research and development efforts and allow it to expand its team of engineering experts. Previously, support from the European Space Agency helped Aurora Avionics establish a research laboratory at Edinburgh’s Royal Observatory.
Oren Smith-Carpenter, the chief executive, and Rowland Fraser, the chief technical officer, co-founded Aurora Avionics. They previously collaborated at Orbex, a spaceflight specialist. Smith-Carpenter emphasized the importance of reliable and cost-effective avionics in the rapidly evolving space industry, aiming to make rocket launches more efficient and affordable.
Fraser highlighted that the new funding will boost the development of their technology, which aims to revolutionize launch vehicle systems.
Gillian MacAulay, director of the Gabriel Investment Syndicate, and Kerry Sharp of Scottish Enterprise, both expressed strong support for Aurora Avionics, recognizing the critical role their technology plays in advancing Scotland’s space industry.
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