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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In February 2019 Orbex unveiled the engineering prototype of Stage 2 of its reusable Prime launch vehicle.
The U.K. Space Agency provided $7,000,000 to Orbex to further development of the Prime rocket.
Orbex is a U.K.-headquartered startup developing a small rocket called Prime that it plans to launch from Sutherland.
Orbex planned to grow from about 15 employees to 40 or more by early 2019 using the new funding.
Orbex has raised $40,000,000 through a combination of grants from the British government and European agencies and private investment.
The U.K. Space Agency awarded £5.5 million on 2018-07-16 to Orbex to set up operations at a new spaceport the government will establish in northern Scotland.
Orbex will use the U.K. Space Agency funding to help develop its Prime small launch vehicle.
Orbex conducts much of its development work in Denmark and plans to build a factory in Scotland for its Prime launch vehicle.
The U.K. Space Agency awarded a £5.5 million grant to Orbex to support a U.K. launch system.
The July funding covers more than half of the estimated $70–75 million cost to develop Orbex’s Prime small launch vehicle.
Orbex received £5.5 million of the £30 million from the British government through the U.K. Space Agency’s launch initiative.
Orbex had about 15 employees at the time of the report and expects headcount to double in three to four months and reach 40 or more by early 2019.
Orbex raised £30,000,000 ($39,000,000) from government and private sources on 2018-07-16.
Rocket Lab’s Electron uses RP-1 as fuel while Orbex’s Prime uses propane.
Orbex plans to construct a factory for Prime in Scotland that will eventually employ 150 people.
Orbex will use U.K. Space Agency funding to support development of its small launch vehicle called Prime.
On 2018-07-16 the U.K. Space Agency awarded $31,000,000 to Lockheed Martin and $7,000,000 to Orbex to develop launch systems for a vertical launch site in Sutherland, Scotland.
Orbex announced a $40,000,000 funding round on 2018-07-16 that includes the U.K. Space Agency grant and contributions from Sunstone Technology Ventures and the High-Tech Gründerfonds.
A new spaceport in northern Scotland to be used by Lockheed Martin and Orbex was announced at the Farnborough International Airshow.