✉news BusinessStartups first seen 21 h ago, last 3 h ago, peak #12
Omnidea Acquires Defunct UK Launcher Startup Orbex
Portuguese aerospace firm Omnidea has acquired Orbex, the British launch startup that ceased operations after struggling to develop its Prime rocket for launches from Scotland's Spaceport Sutherland. The deal hands Orbex's assets and technology to a new owner, and industry observers are weighing what the takeover means for the UK's ambitions to build a domestic small-satellite launch industry.
Why now: The collapse and sale of one of Britain's most prominent launch startups raises questions about the viability of Europe's small-launch sector.
OmnideaOrbexSpaceport SutherlandUnited Kingdom
Evidence
- Omnidea Acquires Defunct UK Launcher Startup Orbex · Aviation Week
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