Orbex

Orbex is a private, low-cost orbital launch services company, serving the needs of the small satellite industry.

Orbex has developed one of the most advanced, low carbon, high performance micro-launch vehicles in the world.

Orbex was founded in 2015 by Chris Larmour. The company is headquartered in Forres, Scotland, with offices in London, Copenhagen and Munich.

 

Orbex is developing a 19-meter (62 foot), two-stage microlauncher called Prime. The company rolled out its first full-scale prototype of the orbital rocket back in May, calling it the “first of a new generation” of launch vehicles capable of carrying very small satellites to space.

 

Orbex is currently in the midst of a testing campaign in advance of its first launch in 2023, which will carry an experimental payload from Surrey Satellite Technology Ltd.

 

Orbex was one of two companies selected by the U.K. government in 2018 to perform launches at a new facility, the Space Hub Sutherland Spaceport on the north coast of Scotland. It will be the first spaceport for vertical launch in the U.K.

 

Orbex is backed by the Scottish National Investment Bank, BGF, Sunstone Technology Ventures, High-Tech Gründerfonds, Octopus Ventures, Heartcore Capital, Elecnor S.A., Jacobs, Verge Ventures, and others. The company raised £40.4M ($46.1M) in Series C round on Oct 18, 2022. This brings Orbex's total funding to $109.9M to date.

 

 

  • Year founded: 2015
  • Funding Info: $109.9M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Forres
  • State: Forres
  • Country: Scotland
Related businesses