Orbex delays mission to 2026 after receiving £20m taxpayer investment
Copy link
Orbex delays mission to 2026 after receiving £20m taxpayer investment
Orbex delays mission to 2026 after receiving £20m taxpayer investment
Copy link

Scottish Highlands-based Orbex secures fresh £6m loan as Britain steps up space race

The potential sale of the Scottish rocket start-up Orbex shows the gap between rhetoric and reality

Government-backed rocket maker in administration with £49mn in debt after sale discussions with Europe’s TEC fail

Skyrora’s licence to lift off from Shetland will help the UK ‘cement itself as a global player in the space race’

The agency expresses confidence in the space firm founded by the billionaire Amazon businessman as it names its Artemis III crew.

Funds worldwide will now have to buy shares in Sir Peter Beck's firm.