The UK government has invested £20 million (€23.8m) for an equity stake in Orbex Space, a start-up rocket launcher. This current round of fund-raising (the ‘D’ round) has also seen cash put up by Denmark’s EIFO fund, as well as Octopus Ventures and others. The UK cash comes from its Department for Science, Innovation & […]
UK-based orbital launch services company, Orbex, has announced the appointment of two tech and space sector stalwarts as its new CEO and Executive Chair. Scale-up expert Phillip Chambers joins as Orbex’s new Chief Executive Officer and Miguel Belló Mora leaves his post as Director General of the Spanish Space Agency to join as Executive Chair. […]
The UK Space Agency has announced funding of more than £6.7 million (€7.7m) to further Scotland’s spaceports ambitions. Scottish-based HyImpulse, a launch company working with SaxaVord Spaceport in Shetland, will receive £3.4 million. And Orbex, which is working with Sutherland Spaceport on the A’ Mhòine peninsula, will get more than £3.3 million. Both spaceports plan […]
Scotland-based rocket launch site Orbex has appointed John Bone as its new Chief Commercial Officer. This key appointment comes as Orbex advances its preparations for the launch of Orbex Prime, expected to be the UK mainland’s first vertical rocket launch. Bone has more than 20 years in the Space Industry, including 18 years in Director […]
UK-based rocket and spaceflight company, Orbex, has extended its footprint by over 30 per cent across its Scottish and Danish design and production facilities in preparation for the launch of its Prime rocket. The company is adding an extra 1,500 square metres of factory and office space to its existing 4,750 square meter estate in […]
Arianespace and UK-based launch company Orbex have signed a Memorandum of Understanding (MoU) to explore possible joint offerings for small satellite launch customers. In May 2023, Orbex began construction of Sutherland Spaceport (formerly Space Hub Sutherland) on the North coast of Scotland. It is the first vertical launch spaceport to be built on the UK […]
Orbex says that construction has begun at Sutherland Spaceport (formerly known as Space Hub Sutherland) in Scotland, making this the first vertical launch spaceport to be built on the UK mainland. Located on the North coast of Scotland, the spaceport will be the ‘home’ spaceport of Forres-based rocket and launch services company, Orbex, which will […]
UK-based Orbex Express Launch has unexpectedly lost its CEO. Chris Larmour has resigned, according to the company, so that the business can rise to the “next level”. Larmour, who has led the business since it was founded in 2015, was leaving to allow a focus on new goals, said Orbex. Orbex said it is preparing […]
Orbex, a Scottish rocket manufacturer and orbital launch services provider, is to build and operate the first vertical launch site for satellites on the UK mainland. It is funding £20 million for construction. Jacobs Solutions, NASA’s largest services contractor, will look after the physical construction. Orbex, based in Forres, Moray, has signed a lease with […]
UK-based Orbex Space has raised £40.4 million in C-round financing. The company says the new cash “led by a new investor, the Scottish National Investment Bank, will allow the company to scale up its resources as it counts down to the first vertical launch from UK soil, as well as unlocking additional funding to support […]