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 is in the process of appointing administrators.
Orbex brought hundreds of skilled jobs to Scotland during its operations.
Skyrora is considering purchasing select Orbex assets and may invest up to 10 million pounds to acquire them.
Prime is a low-carbon microlauncher developed by Orbex.
Orbex’s appointment of administrators follows fundraising and merger and acquisition opportunities.
Orbex has commercial launch commitments from several satellite customers for the Prime microlauncher.
Orbex will appoint administrators after its fundraising and merger and acquisition opportunities concluded unsuccessfully.
Orbex sought funding from a variety of public and private investors during a Series D funding round that ultimately failed.
Orbex will continue trading while all options for the future of the company are explored, including potential sale of all or parts of its business or assets.
Orbex is in the process of appointing administrators following fundraising and merger and acquisition activity.
The Orbex bankruptcy filing and collapse of sale/merger talks have raised questions about UK launcher policy.
Orbex filed for initial bankruptcy administration.
In early 2024, ESA and the European Union pre-selected Arianespace, Isar Aerospace, PLD Space, Orbex, and Rocket Factory Augsburg to form the initiative’s pool of launch service providers.
Miguel Belló Mora has served as president of the British launch company Orbex Space since 2024.
Orbex entered a negotiation process to pursue a buyer after signing the letter of intent with The Exploration Company.
Employees were told that talks between Orbex and The Exploration Company began in December 2025, according to a source who spoke to European Spaceflight.
Orbex approached the UK government for support but those efforts ultimately failed, according to a source who spoke to European Spaceflight.
Orbex began work on a medium-lift launch vehicle called Proxima in December 2024.
Orbex has signed a letter of intent to sell its business to The Exploration Company.
Orbex said in evidence to the Scottish Affairs Committee in March that it would need to raise a further £120 million in private capital to support its four-year plan.