News
Gilmour Space looks to join the commercial rocket race
The Australian-based rocket company Gilmour Space is looking to launch its Eris orbital launch vehicle no earlier than April 2024.
Based out of Queensland, Australia, Gilmour Space has been slowly but steadily testing all of the components of its Eris rocket ahead of a planned launch this year.
The 3-stage rocket can launch up to 305 kg (672 lbs) into low Earth orbit, roughly matching Rocket Lab’s Electron rocket.
Eris stands 25 meters (82 ft) tall, with the base of the rocket being 2 meters (6 ft) in diameter before tapering to 1.5 meters for the top half of the rocket. The payload fairing can either be 1.2 or 1.5 meters in diameter.
This is #Sirius, Gilmour’s main hybrid rocket engine that will power the first and second stages of the #Eris rocket to orbit.
✅ Mission duration test fire (and tested to destruction)
✅ 115 kilonewtons of thrust
✅ Steady. Efficient. Combustion.More: https://t.co/8JOMjcdf5F pic.twitter.com/7RJmxXCtNw
— Gilmour Space (@GilmourSpace) November 8, 2022
The first stage will be powered by 4 of the company’s Sirius hybrid rocket motors which use a proprietary solid fuel and a liquid oxidizer, a single Sirius rocket motor will power the second stage of the rocket once it reaches staging and finally the third stage will utilize their 3D printed Phoenix rocket engine which is fueled by liquid oxygen and RP-1 (rocket grade kerosene).
Thought we’d share this #behindthescenes pic of our 110kN Eris Stage 2 before we integrated it into the rest of the rocket…
** LAUNCH UPDATE: With end of year fast-approaching and launch approvals still pending, Test Flight 1 will now attempt first orbital launch in 2024. ** pic.twitter.com/bwG0BiNMwq
— Gilmour Space (@GilmourSpace) December 5, 2023
Over the past few years, the company has conducted many test fires of both engines including testing their Sirius hybrid rocket motor to destruction.
When the vehicle is fully integrated, the rocket will be placed onto its transporter erector and rolled to its launch pad at the Bowen Orbital Spaceport and raised vertically.
Once the company receives final approvals to attempt a launch, it will be the first orbital launch attempt from Australia since October 1971 and if successful, will be the first rocket to use a hybrid motor to reach orbit.
Gilmour Space is joining a growing market of small rocket providers, and it remains to be seen if they will be able to make an impact similar to Rocket Lab or face a fate similar to Astra. Do you think Gilmour Space will be successful in their first attempt?
Questions or comments? Shoot me an email at rangle@teslarati.com, or Tweet me @RDAnglePhoto.
Investor's Corner
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Elon Musk
Tesla is about to make parking in busy lots less stressful than ever
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
News
Tesla starts preparing for Optimus in its smartphone app
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
