UK launcher Orbex files for administration after failed funding efforts


Orbex Prime

MILAN — United Kingdom-based launch company Orbex announced that its business is folding after multiple attempts to stay solvent fell through.  The company announced Feb. 11 that it has filed a notice of intention to appoint administrators — a process in the U.K. that’s similar to declaring bankruptcy — after fundraising, merger and acquisition efforts […]

The post UK launcher Orbex files for administration after failed funding efforts appeared first on SpaceNews.



Source link

Previous Article

Integrate Raises $17M to Commercialize the World’s First Ultra-Secure Project Management Platform for Classified Programs

Next Article

SpaceX IPO may suck oxygen from market before unleashing broad capital surge

Write a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *


Subscribe to our Newsletter

Subscribe to our email newsletter to get the latest posts delivered right to your email.
Pure inspiration, zero spam ✨