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Orbex secured £40.4 million in a Series C funding round led by Scottish National Investment Bank.
Orbex plans to launch as many as 12 Prime rockets into orbit each year.
Isar Aerospace, Orbex, PLD Space, and Rocket Factory Augsburg are four startups selected for the European Flight Ticket Initiative that are working on small launch vehicles.
Sutherland Spaceport in northern Scotland was selected by the U.K. Space Agency in 2018 as the country’s preferred vertical launch site and is being developed by Orbex for its Prime small launch vehicle.
The European Space Agency’s Boost! program awarded £6,700,000to HyImpulse and Orbex to support development of environmentally sustainable systems for launches from spaceports in the Shetland Islands and northern Scotland.
Orbex will use the £3.3 million in funding to undertake activities to build the Ultra-Green Launch Complex at Sutherland Spaceport.
Orbex Prime is a 19-metre-long micro-launcher designed to launch small satellites into polar and sun-synchronous orbits.
Orbex was awarded £3.3 million in funding from the UK Space Agency as part of the European Space Agency’s Boost! initiative.
Orbex plans to launch Orbex Prime from its home spaceport in Sutherland.
Orbex Prime was unveiled in May 2022 as the first full orbital micro-launcher rocket in Europe.
Orbex Prime is a 19-metre-long reusable rocket designed to launch small satellites into polar and sun-synchronous orbits.
In his role as Chief Commercial Officer, John Bone will leverage his network to establish and nurture key partnerships and expand Orbex’s presence in the global space market.
Orbex has created around 100 skilled jobs in Moray and will build and operate Sutherland Spaceport.
Orbex secured £40.4 million in Series C venture capital funding in 2022-10-01 from existing and new investors.
Orbex is building and operating Sutherland Spaceport under a fifty-year lease with an option to extend for a further twenty-five years.
Orbex is adding an extra 1,500 square meters of factory and office space to its existing 4,750 square-meter estate in Forres, Scotland and Copenhagen, Denmark.
The UK Space Agency awarded Orbex £5.5 million in 2018 to build a new rocket for launch from Sutherland Spaceport.
The UK Space Agency awarded Orbex £5.5 million in 2018 to build a new rocket for launch from Sutherland Spaceport.
Orbex is adding an extra 1,500 square meters of factory and office space to its existing 4,750 square meter estate in Forres, Scotland and Copenhagen, Denmark.
Orbex is building and will operate Sutherland Spaceport under a fifty-year lease with an option to extend for a further twenty-five years.