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Skyrora expressed interest in acquiring select Orbex assets, including the Sutherland Spaceport in northern Scotland.
Skyrora aims to keep UK technology under UK ownership and to protect national infrastructure related to Orbex assets.
Skyrora is prepared to invest up to ten million pounds subject to due diligence and negotiations with Orbex’s administrators.
Skyrora expressed interest in taking over the lease for the Sutherland spaceport earlier in February 2026.
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).
Skyrora is based in Glasgow.
The vertical launch licences granted in 2025 to Skyrora and Rocket Factory Augsburg each set the indemnity cap at £10.5 million.
The indemnity caps in the Virgin Orbit, Skyrora, and Rocket Factory Augsburg licences were imposed as a matter of policy rather than as a statutory requirement prior to the 2025 Act.
Skyrora has expressed interest in taking over development of Spaceport Sutherland but no official discussions have begun.
Skyrora is exploring an asset acquisition that would see the company invest up to £10 million, subject to discussions with the appointed administrators and completion of due diligence and legal processes.
Skyrora believes that securing select Orbex assets is vital to preserving UK space capability, protecting national critical infrastructure, and ensuring that technology and IP developed in the UK remains under UK ownership.
Skyrora intends to explore the purchase of select Orbex assets, including the Sutherland Spaceport.
Skyrora views an acquisition of Orbex assets as safeguarding the product of taxpayer funds historically injected into Orbex.
Skyrora could invest up to £10 million (approximately €11.5 million) to acquire part of Orbex’s assets.
Skyrora has expressed interest in acquiring the Sutherland spaceport construction project that Orbex had been managing.
Skyrora is the first space company in the United Kingdom licensed for commercial launches.
Skyrora proposed that the established operator could invest up to £10 million in an Orbex asset acquisition, subject to discussions with appointed administrators and completion of due diligence and legal processes.
Skyrora intends to explore the purchase of select Orbex assets, including Sutherland Spaceport.
Skyrora is developing the Skyrora XL orbital rocket, which is designed to carry payloads of up to 315 kilograms to low Earth orbit.
Skyrora is preparing for the second flight of its Skylark L suborbital rocket after a failure shortly after liftoff in October 2022.