The UK government has invested £20m in rocket-maker Orbex as it prepares to build and launch from its site in the Shetland Islands. The injection of funding is expected to help back Orbex’s Prime, the ...

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 ...

Phil Chambers, Orbex chief executive, said the UK support would be “a strong signal to other private investors, and to the European Space Agency and the EU that we’re serious about being a ...

The U.K. government has invested £20 million in Orbex, a Scottish spaceflight startup aiming to rival Elon Musk’s SpaceX.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

Orbex’s mission could set the UK on an independent path to completing its own space missions, establishing a position in the market against giants such as Elon Musk’s SpaceX. However ...

Orbex has appointed Andy Bradford as its new chief technology officer. He brings more than two decades of experience in the space industry, with a specialism in small satellite and launch operations, ...

A British-made rocket will attempt to reach space from home soil for the first time later this year, with the project going ahead after receiving £20m in taxpayer funding.

The UK Government has invested £20m and become a shareholder in Orbex, as part of its Series D fundraising. Department for Science, Innovation and Technology secretary Peter Kyle announced the ...

Orbex CEO Phillip Chambers said that the government's investment "demonstrates its confidence in the UK's space rocket manufacturing and launch sector." "This investment paves the way not only for ...