Orbex ramps up rocket development with new investment

London, UK (SPX) Apr 19, 2024

Orbex, a prominent UK spaceflight company, has announced a GBP 16.7 million investment from a consortium of six key investors as part of an extension to its Series C funding round, bringing its total raised funds to GBP 102 million. This investment will support the acceleration of its 19-meter long, two-stage rocket, Prime, designed for launching small satellites into Low Earth Orbit. The rocket