UK’s Orbex small-launcher startup raises $24M, says fully capitalized through 1st launch from Scotland in 2022

by Peter B. de Selding

PARIS — British small-launch-vehicle startup Orbex raised 20 million euros ($24 million) in a funding round and said it now has sufficient cash to get it through a mid-2022 inaugural flight from Scotland’s Sutherland spaceport.

Orbex’s vehicle, with a 3D-printed engine, is designed to carry 150 kilograms of payload into a 500-kilometer polar orbit. The company has received grants from the U.K. Space Agency, the European Commission’s Horizon 2020 research fund and the 22-nation European Space Agency . . .

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