Aurora Avionics Secures £500k
Deal News | Mar 27, 2025 | Scottish Enterprise
Aurora Avionics, an Edinburgh-based aerospace technology firm, has secured a £500,000 investment to advance its innovative avionic solutions for space launch systems. This funding round was led by Scottish Enterprise, Kelvin Capital, and Gabriel, aiming to bolster the firm's rapid expansion. The investment will be used to hire new engineers and enhance operations at the Royal Observatory in Edinburgh. Aurora is at the forefront of developing sophisticated avionics systems that promise safer and more economical space launches. The company, founded in 2023, is driven by the vision of its co-founders Oren Smith-Carpenter and Rowland Fraser, both with backgrounds at Orbex. Recently, Chris Larmour, former CEO of Orbex, joined Aurora as a non-executive director. The investment highlights Aurora's capabilities in revolutionizing electronic control systems for rockets, supporting Scotland's ambitions in the global aerospace industry.
Sectors
- Aerospace & Defense
- Investment & Private Equity
Geography
- United Kingdom – The article focuses on Aurora Avionics, based in Edinburgh, Scotland, and the involvement of Scottish Enterprise and Kelvin Capital, indicating a strong UK geographic context.
Industry
- Aerospace & Defense – The article centers on Aurora Avionics, an aerospace technology firm specializing in avionics systems for space launch vehicles, positioning itself within the Aerospace & Defense sector.
- Investment & Private Equity – The article discusses investment activities by Scottish Enterprise, Kelvin Capital, and Gabriel in Aurora Avionics, therefore fitting within the Investment & Private Equity sector.
Financials
- £500,000 – The investment secured by Aurora Avionics to enhance its operations and develop its technology.
- £320,000 – The initial investment made by Gabriel and Scottish Enterprise prior to the most recent funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aurora Avionics | Target Company | Company | An Edinburgh-based aerospace technology firm specializing in avionics systems for launch vehicles, aiming to revolutionize space guidance systems. |
| Scottish Enterprise | Investor | PE Firm | A financial backer and part of the latest investment round in Aurora Avionics, dedicated to supporting high growth ventures in Scotland. |
| Kelvin Capital | Investor | Company | A private investment syndicate involved in the investment into Aurora Avionics, backing high-growth, high-impact companies. |
| Gabriel | Investor | Company | An investment firm involved in funding Aurora Avionics to boost its growth and technological advancements. |
| Oren Smith-Carpenter | CEO of Aurora Avionics | Person | Co-founder and CEO of Aurora Avionics, leading the firm's mission to innovate and revolutionize space launch systems. |
| Rowland Fraser | Co-founder of Aurora Avionics | Person | Co-founder of Aurora Avionics with a background in aerospace engineering from previous work at Orbex. |
| Chris Larmour | Non-Executive Director at Aurora Avionics | Person | Founder and former CEO of Orbex, now serving as a non-executive director at Aurora Avionics. |