The U.K. government has invested £20 million in Orbex, a Scottish spaceflight startup aiming to rival Elon Musk’s SpaceX.

The UK government will inject £20mn into lossmaking Anglo-Danish rocket maker Orbex, via a loan aimed at funding the ...

The UK government has invested £20m in rocket-maker Orbex as it prepares to build and launch from its site in the Shetland ...

Funding for Orbex and its re-usable Prime rocket, from the Saxavord Spaceport in the Shetland Islands, is given by the UK ...

Scottish rocket company Orbex is half-way to completing a roughly £46m funding round following a "first of its kind" investment by the ...

Tech Secretary Peter Kyle announced the investment at Brussels’ European Space Conference, positioning Britain as a leading ...

The Prime rocket is set to benefit from Scotland’s unique geographical position, offering easier access to valuable polar ...

The UK government has invested £20m in the £23m Series D round for rocket company Orbex to boost the chances of a successful ...

This first of a kind investment by the UK government demonstrates its confidence in the UK’s space rocket manufacturing” - ...

A British-made rocket will attempt to reach space from home soil for the first time later this year, with the project going ahead after receiving £20m in taxpayer funding.

The still-open Series D round has raised £23m, with the Export & Investment Fund of Denmark and Octopus Ventures also ...

The UK Government announced it has become a shareholder in Scotland-based Orbex as it prepares to launch a new rocket in 2025 ...