All verified mentions of this organization in source documents.
Skyrora expressed interest in acquiring select Orbex assets, including the Sutherland Spaceport in northern Scotland.
Orbex is formally exploring the sale of all or part of its business.
Skyrora is prepared to invest up to ten million pounds subject to due diligence and negotiations with Orbex’s administrators.
Orbex filed a notice of intention to appoint administrators after its Series D fundraising round failed to secure funding.
Skyrora aims to keep UK technology under UK ownership and to protect national infrastructure related to Orbex assets.
Orbex’s Prime microlauncher was on the verge of test flights later this year prior to the company entering administration proceedings.
Orbex brought hundreds of skilled jobs to Scotland.
With Orbex no longer involved in Sutherland, Rocket Factory Augsburg is identified as the most likely recipient of the remaining €112.30 million under the European Launcher Challenge.
Orbex paused construction of the Sutherland spaceport in December 2024 and redirected funding to development of its Proxima rocket.
Orbex appointed administrators and laid off its workforce, resulting in abandonment of its role in the Sutherland spaceport project.
The Melness Crofters Estate owns the land leased to Orbex for the Sutherland spaceport and sought new partners to deliver the spaceport in late February 2026.
Orbex began construction of the Sutherland Spaceport on Scotland's north coast in 2023, paused construction at the end of 2024, and decided to shift its launch operations to SaxaVord in the Shetland Islands.
Orbex had been planning the first test launches of its micro-launcher Prime later this year.
Orbex entered the process of appointing administrators after fundraising, merger and acquisition opportunities concluded unsuccessfully.
The European Launcher Challenge initiative selected five operators so far, including Orbex, to expand European launch service supply.
Orbex was founded in 2016 and employs 163 people.
Skyrora, based in Glasgow, intends to explore the purchase of select Orbex assets, including the Sutherland Spaceport, which could see it invest up to £10 million ($13.6 million).
Orbex, based near Inverness in Scotland, will continue trading while options for the company's future, including potential sale of all or parts of its business or assets, are explored.
Orbex has commercial launch commitments from several satellite customers for its Prime micro-launcher, which is a low-carbon microlauncher.
The operators selected for the European Launcher Challenge include Orbex, Germany's Isar, Germany's Rocket Factory Augsburg, France's MaiaSpace, and Spain's PLD Space.