Orbex
Private launch services
Entered administration in February 2026 after a failed Series D and collapsed sale talks. Raised £138.5M, never flew Prime. Orbex operated in the launch sector of the space industry, was headquartered in United Kingdom, was founded in 2015, reached Series C+ stage.
Orbex at a glance
| Status | Shut downchecked August 2026Entered administration in February 2026 after a failed Series D and collapsed sale talks. Raised £138.5M, never flew Prime. |
|---|---|
| Sector | Launch |
| Headquarters | United Kingdom |
| Founded | 2015 |
| Stage | Series C+ |
| Team size | 11-50 |
Record last updated August 2026 · how we verify · spotted something outdated? Tell us.
Timeline & funding
- July 2026Company
- February 2026Company
- July 2025Funding
- January 2025Funding
- January 2025FundingSeries D: GBP 23M (about US$28.6M), including GBP 20M from the UK Government, its first direct investment in a UK launch company↗Led by the UK Government, with the Export and Investment Fund of Denmark, Octopus Ventures and Sohaib Abbasi
- December 2024Company
- April 2024Funding
- October 2022Funding
- February 2019Product
Mission
A low-carbon micro-launcher carries customer satellites into polar and sun-synchronous orbits from Europe.
Orbex has developed one of the most advanced, low carbon, high performance micro-launch vehicles in the world. They launch customer satellites into polar and sun-synchronous low Earth orbits from a unique, modern launch location in the heart of the European continent.
Team
- Chris Larmour · Co-founder
- Kristian von Bengtson · Co-founder
- Phillip Chambers · CEO
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