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Orbex expects to create up to 40 technical and non-technical full-time equivalent jobs to support operation and maintenance of the site.
A University of Exeter study found that a single launch of the Orbex Prime rocket will produce 96 percent lower carbon emissions than comparable space launch systems using fossil fuels.
Orbex will build a facility at the Sutherland site for launching its Prime small launch vehicle.
The U.K. Space Agency awarded Lockheed Martin and Orbex launch opportunities from the Sutherland site in 2018.
The cost of building and operating the Sutherland site over three years will be in excess of £20,000,000and will be funded by Orbex.
Orbex plans to begin construction of the Sutherland site imminently and to complete construction sometime in 2023.
Orbex signed a lease with Highlands and Islands Enterprise for a 10-acre site in the northwestern part of Sutherland county in northern Scotland.
The Sutherland facility will host up to 12 Orbex Prime launches per year.
Orbex closed a Series C funding round that raised £40,400,000from several investors.
The European Space Agency awarded Orbex 7,450,000 EUR in March 2021 through its Boost! program to support new launch vehicle development.
Orbex has targeted its first orbital launch of Prime to take place sometime in 2023.
Orbex has customers from the United Kingdom, Europe, and the United States signed up to launch dedicated payloads with the company.
Orbex raised £40,400,000 ($45,800,000) in a Series C funding round on 2022-10-18 led by the Scottish National Investment Bank.
Orbex plans to launch Prime initially from Space Hub Sutherland, a launch site under development in northern Scotland.
Orbex secured £40.4 million in a Series C funding round led by the Scottish National Investment Bank.
Orbex is developing Prime, a small launch vehicle designed to place up to 180 kg into low Earth orbit.
Orbex builds the Prime launch vehicle at a factory in Forres, Scotland.
Orbex previously raised $24,000,000 in December 2020 and $39,000,000 in July 2018.
Many of the new Orbex roles will support integrated testing of the complete rocket at the Orbex LP1 launch platform test facility at Kinloss.
Orbex states that using bio-propane will reduce carbon emissions by up to 96%.