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Orbex collapse fails to halt progress for UK. . . On February 11, 2026, Orbex announced it had filed a notice of intention to appoint administrators—a UK insolvency process similar to Chapter 11 bankruptcy protection in the United States—after
Orbex - Wikipedia Orbital Express Launch Ltd , or Orbex, was a United Kingdom-based [4] aerospace company that was developing commercial orbital launch vehicles, namely a small rocket called Prime and a medium-lift rocket called Proxima [5]
Majority of staff at rocket firm Orbex made redundant - BBC Orbex was founded in February 2015 and was developing a rocket called Prime for use in launching small satellites into low Earth orbit It also has staff in Denmark FRP said Orbex had secured
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Orbex’s Subsidiary in Denmark to File for Bankruptcy UK-based Orbital Express Launch (Orbex) established its business in Denmark in October 2016 According to the company, its Copenhagen-based business carried out work in propulsion, testing, software, avionics, and business services
Rocket maker Orbex collapses after millions from taxpayer Orbex was founded in 2015 and was building a re-usable rocket run on biofuel for delivering satellites into orbit It also had an agreement to develop a spaceport in a remote part of Sutherland, although it had paused activity on that to focus on launching a rocket from a site on Shetland