Orbex Space is a UK-based, private launch services company focused on serving the small satellite industry. They are developing the Orbex Prime, a micro-launch vehicle designed for low-Earth orbit satellite deployment, utilizing innovative and sustainable bio-propane fuel. While initially planning to launch from Sutherland Spaceport, Orbex has shifted its launch operations to SaxaVord Spaceport. Orbex's key partners and customers include the UK Space Agency, the European Space Agency, and companies like Surrey Satellite Technology Ltd and Astrocast.
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The UK Space Agency awarded Orbex £5.5 million in 2018 to build a new rocket for launch from Sutherland Spaceport.
Orbex is adding an extra 1,500 square meters of factory and office space to its existing 4,750 square-meter estate in Forres, Scotland and Copenhagen, Denmark.
Orbex is building and will operate Sutherland Spaceport under a fifty-year lease with an option to extend for a further twenty-five years.
The UK Space Agency awarded Orbex £5.5 million in 2018 to build a new rocket for launch from Sutherland Spaceport.
Orbex Prime was the first full orbital micro launcher rocket to be unveiled in Europe in May 2022.
Orbex secured £40.4 million in Series C venture capital funding in 2022-10-01 from existing and new investors.
Orbex secured £40.4 million in its Series C venture capital round in 2022-10-01 from existing and new investors.
Arianespace signed a similar agreement with U.K.-based small launch vehicle developer Orbex on 2023-06-13.
Orbex completed a Series C funding round at the end of 2022 that raised an additional £40.4 million.
A University of Exeter study found that a single launch of the Orbex Prime rocket will produce up to 96 percent lower carbon emissions than comparable space launch systems using fossil fuels.
A University of Exeter study showed that a single launch of the Orbex Prime rocket will produce up to 96 percent lower carbon emissions than comparable space launch systems using fossil fuels.
Orbex is a UK-based spaceflight company with headquarters, production, and testing facilities in Scotland.
Orbex has won more than a dozen research and development contracts from bodies including the UK Space Agency, the European Space Agency, and the European Commission Horizon 2020 program.
Orbex concluded its Series C funding round at the end of 2022, netting the company an additional £40.4 million.
Orbex raised £40,400,000 ($51,000,000) in a Series C funding round in October 2022.
Jacobs invested in Orbex’s October 2022 Series C funding round that raised £40,400,000.
Orbex expected to spend more than £20,000,000over three years building and operating Sutherland Spaceport.
Orbex secured agreements required to build Sutherland Spaceport, including a lease, in November 2022.
Orbex planned to use the Prime prototype for integrated testing including countdown dress rehearsals ahead of a first launch that was then scheduled for as soon as late 2022.
Orbex received £3,000,000from the U.K. Nuclear Decommissioning Authority to support Sutherland Spaceport development.