The company is in stiff competition to get its rocket off the ground in a crowded U.K. launch industry.
Orbex has already notched numerous milestones including new customers, more manufacturing and"rapid development and testing" of Prime, Larmour said in the statement."We're delighted to have closed this new funding round led by the Scottish National Investment Bank," he added.Space Hub SutherlandThe 62-foot Prime is just one of a set of rockets competing for the small satellite business in the United Kingdom, however.
rockets from the U.K. has attracted a clutch of companies seeking to prove not only business smarts, but environmental sensitivity as they launch in protected coastal areas or near heritage monuments.An illustration of the planned spaceport in Sutherland, Scotland, that will be used for vertically launched rockets.
A veteran Scottish rocket startup, Skyrora, plans orbital launches in 2023 from the Shetland Islands'
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