Gilmour Space Technologies, the Australian rocket company hoping to rival Elon Musk’s SpaceX, will attempt to launch its first Australian-made rocket into orbit on Thursday morning after receiving the final approval from regulators.

Late on Friday, the Australian Space Agency notified Gilmour Space that the company could proceed with its plan to launch its 25-metre three-stage Eris rocket from its spaceport outside the Queensland town of Bowen, at the northern tip of the Whitsundays.