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Orbex is a UK-based spaceflight company with headquarters, production, and testing facilities in Scotland and design and testing facilities in Denmark.
Orbex is funded by BGF and Octopus Ventures alongside 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.
Orbex plans to launch the Prime rocket from Spaceport Sutherland in the north of Scotland later in 2022.
Calor will supply its BioLPG solution, a clean-burning propane produced from renewable feedstocks such as plant and vegetable waste material, to Orbex.
Orbex and Calor have entered into an agreement under which Calor will supply the BioLPG fuel to launch the Orbex Prime rocket.
Orbex is funded by the UK venture capital funds BGF and Octopus Ventures alongside Heartcore Capital, High-Tech Gründerfonds, strategic investor Elecnor, the UK Space Agency, the European Space Agency, and the European Commission Horizon 2020 program.
A University of Exeter study found that a single Orbex Prime launch would produce up to 96% lower emissions than a similar-sized launch vehicle powered by fossil fuels.
Orbex is a UK-based spaceflight company with headquarters, production, and testing facilities in Scotland and design and testing facilities in Denmark.
The greenhouse gas factor for BioLPG used by Orbex is 90 percent lower than the fossil-based RP-1 kerosene typically used as rocket fuel.
Orbex plans to launch Prime from Space Hub Sutherland in the north of Scotland.
The University of Exeter study calculated that a single Orbex Prime launch would produce up to 86 percent less emissions than a similar-sized vertical launch vehicle powered by fossil fuels.
The European Space Agency awarded Orbex €7.45 million through its Boost! Commercial Space Transportation Services and Support (C-STS) program.
Orbex secured $24,000,000 in December 2020 in a funding round led by BGF and Octopus Ventures.
Orbex and its partners received €7.45 million in co-funding from Boost!, the largest Boost! award to date.
Orbex and Skyrora join German launch startups HyImpulse Technologies, Rocket Factory Augsburg, and Isar Aerospace, each of which were awarded €1.5 million in Boost! funding in November 2020.
€11.25 million of the total funding is assigned to work to be undertaken in the UK, including lightweight avionics designed in-house by Orbex in Forres, Scotland.
The European Space Agency awarded UK-based launch startups Orbex and Skyrora a combined €10.45 million to support development of competing microlaunchers.
Orbex is developing the two-stage Prime microlauncher powered by 3D-printed rocket engines and designed to carry payloads of up to 150 kg to low Earth orbit.
€900,000 of the total funding package will support development of the orbital-phase GNC being developed by Elecnor Deimos for Orbex in Portugal.
Orbex secured $24,000,000 in a funding round led by BGF and Octopus Ventures.