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Orbex received $7,000,000 in support related to the Space Hub Sutherland development.
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 Orbex Prime launch vehicle is designed to send 150 kg to sun-synchronous orbit.
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 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.
Orbex had $40,000,000 in project financing and is described as the best-funded European private launch provider.
Orbex planned a first launch of Prime in late 2021.
In February 2019 Orbex unveiled the engineering prototype of Stage 2 of its reusable Prime launch vehicle.
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’s Prime small launch vehicle will launch the Faraday-2b satellite in 2022 from the Space Hub Sutherland spaceport in northern Scotland.
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 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.
Orbex publicly unveiled the engineering prototype of the Stage 2 of its reusable Prime launch vehicle in February 2019.
In-Space Missions awarded Orbex a contract for the launch of a small satellite on 2019-08-07.
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.
The U.K. Space Agency provided $7,000,000 to Orbex to further development of the Prime rocket.
Orbex has raised $40,000,000 through a combination of grants from the British government and European agencies and private investment.