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Skyrora Eyes £10M Investment in Struggling Orbex Assets

2/14/2026

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Summary

Story summary

Skyrora, a Glasgow-based rocket manufacturer, is considering acquiring select assets from Orbex, which has entered administration.
Skyrora's potential investment of up to £10 million would secure Orbex's technology and the Sutherland Spaceport for UK ownership.
Orbex has faced financial challenges and planned to launch its Prime rocket this year, while the UK government had supported Orbex.

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Story summary

Skyrora, a Glasgow-based rocket manufacturer, is considering acquiring select assets from Orbex, which has entered administration.
Skyrora's potential investment of up to £10 million would secure Orbex's technology and the Sutherland Spaceport for UK ownership.
Orbex has faced financial challenges and planned to launch its Prime rocket this year, while the UK government had supported Orbex.