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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Orbex raised $24,000,000 in a funding round on 2020-12-09 led by investment firms BGF and Octopus Ventures.
The Orbex Prime vehicle is designed to place up to 150 kg into sun-synchronous orbit.
Orbex has raised about $70,000,000 in total funding.
The U.K. Space Agency announced in July 2018 that Lockheed Martin and Orbex would be the first customers of the Space Hub Sutherland spaceport.
Orbex received $7,000,000 in support related to the Space Hub Sutherland development.
Orbex is developing a small launch vehicle called Prime designed to place 150 kg into a 500-kilometer sun-synchronous orbit.
The Orbex Prime launch vehicle is designed to send 150 kg to sun-synchronous orbit.
Orbex plans to conduct its first orbital launch in late 2021 followed by three or four missions in 2022 and a higher launch cadence in 2023.
On 2020-01-14, TriSept Corp. plans to purchase an Orbex Prime launch vehicle for a dedicated rideshare mission to fly from Scotland’s Sutherland Spaceport in 2022.
The U.K. government announced in July 2018 that it would fund development of a vertical launch site in northern Scotland and support Lockheed Martin and Orbex to fly small launch vehicles from the site.
Orbex’s Prime small launch vehicle will launch the Faraday-2b satellite in 2022 from the Space Hub Sutherland spaceport in northern Scotland.
In-Space Missions awarded Orbex a contract for the launch of a small satellite on 2019-08-07.
Innovative Space Logistics B.V. (ISL) and Orbex signed a Cooperation Agreement on 2019-08-07 at the 33rd Annual Conference on Small Satellites in Logan, Utah.
Orbex publicly unveiled the engineering prototype of the Stage 2 of its reusable Prime launch vehicle in February 2019.
Orbex planned a first launch of Prime in late 2021.
Orbex has $40,000,000 in project financing and is the best-funded European private launch provider.
Orbex is funded by Heartcore Capital, High-Tech Gründerfonds, strategic investor Elecnor Deimos Space, the UK Space Agency, the European Space Agency, and the European Commission Horizon 2020 program.
Innovative Space Logistics B.V. (ISL) and Orbex signed a Cooperation Agreement at the 33rd Annual Conference on Small Satellites in Logan, Utah on 2019-08-07 to provide all-European solutions for smallsat launches.
Orbex had $40,000,000 in project financing and is described as the best-funded European private launch provider.
Orbex is funded by Heartcore Capital, High-Tech Gründerfonds, strategic investor Elecnor Deimos Space, the UK Space Agency (UKSA), the European Space Agency (ESA), and the European Commission Horizon 2020 program.