All verified mentions of this organization in source documents.
Orbex is in the process of appointing administrators following fundraising and merger and acquisition activity.
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Orbex filed for initial bankruptcy administration.
Negotiations over a sale or merger of Orbex collapsed.
The story about Orbex was updated on Feb. 11 to include statements from the UK government and SaxaVord.
SaxaVord provided statements that were included in the Feb. 11 update to the Orbex story.
The Orbex bankruptcy filing and collapse of sale/merger talks have raised questions about UK launcher policy.
Miguel Belló Mora has served as president of the British launch company Orbex Space since 2024.
On 21 January Orbex published a press release that a letter of intent had been signed, that negotiations had begun, and that transaction details remain confidential.
Orbex entered a negotiation process to pursue a buyer after signing the letter of intent with The Exploration Company.
The Exploration Company considers Orbex and The Exploration Company to be complementary businesses.
Orbex approached the UK government for support but those efforts ultimately failed, according to a source who spoke to European Spaceflight.
Orbex and The Exploration Company signed a Letter of Intent and began negotiations regarding a potential purchase.
Orbex was founded in 2015.
UK-based Orbital Express Launch (Orbex) established its business in Denmark in October 2016.
ESA Member States committed €34.9 million to Orbex during the agency’s Ministerial Council meeting in November 2025 as part of its European Launcher Challenge, including €8 million from Denmark.
Orbex is developing a small launch vehicle called Prime.
Orbex began work on a medium-lift launch vehicle called Proxima in December 2024.
Orbex entered into talks to sell the rest of its operations to European space logistics startup The Exploration Company on 21 January.
Companies House shows Orbex is overdue in filing its 2024 financial accounts, which were due on 31 December 2025.