✉news BusinessStartups first seen 8 h ago, last 40 min ago, peak #12
Omnidea Acquires Defunct UK Launcher Startup Orbex
Omnidea has acquired Orbex, the British launch vehicle startup that ceased operations. The deal hands the defunct company's rocket business to the acquirer, and industry watchers are weighing what the purchase means for Orbex's technology, staff and plans for small-satellite launches from Scotland. Details of the transaction, including price and future launch ambitions, have not yet been disclosed.
Why now: Orbex's collapse was a notable setback for Europe's small-launcher sector, and news of who takes over its assets is drawing attention.
Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 40 min ago.
Evidence
- Omnidea Acquires Defunct UK Launcher Startup Orbex · Aviation Week
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