UK space launch startup Orbex raises $24 million for its reusable rockets – TechCrunch
UK space launch startup Orbex raises $24 million for its reusable rockets U.K.-based Orbex has raised a new $24 million funding round, led by BGF and Octopus Ventures, and including participation from existing investors High-Tech Gründerfonds, Heartcore Capital and Elecnor S.A. This new investment helps “secure the road map” that Orbex was already working toward regarding its launch vehicle development and deployment, which is currently targeting 2022 for its first commercial launches. Orbex is set to launch its Orbex Prime rocket from the new Space Hub Sutherland spaceport in Scotland, ...
Source: techcrunch.com