✉news BusinessStartups first seen 16 h ago, last 1 h ago, peak #12
Omnidea Acquires Defunct UK Launcher Startup Orbex
Portuguese aerospace firm Omnidea has acquired Orbex, the British rocket launch startup that collapsed earlier this year after struggling to secure funding. Orbex had spent nearly a decade developing a small launch vehicle for flights from Scotland's Spaceport Sutherland. The deal revives questions about Europe's crowded small-launcher market and what assets Omnidea intends to salvage from the failed venture.
Why now: The collapse of a high-profile UK launch company and its absorption by a foreign firm has drawn attention to the financial fragility of Europe's small-launch industry.
OmnideaOrbexSpaceport Sutherland
Rank over time, top of the chart is #1. 12 snapshots from 16 h ago to 1 h ago.
Evidence
- Omnidea Acquires Defunct UK Launcher Startup Orbex · Aviation Week
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