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NewSpace Index

Concise original overview of commercial satellite constellations,
small satellite rocket launchers and NewSpace funding options.
Sister websites www.nanosats.eu and www.factoriesinspace.com

Orbex Space - Prime

Launcher name	Prime
Launcher state	Development
First launch	2025
Launch delay	First announced launch: 2021
Performance	150 kg
Propellant type	Liquid, Propane
Reusability	Development
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Name	Orbex Space (Orbital Launch Express)
Previous names	Moonspike Limited
Oneliner	Orbex has developed one of the most advanced, low carbon, high performance micro-launch vehicles in the world, Orbex Prime.
Notes	Elecnor Deimos will develop the GNC (Guidance, Navigation and Control) and FDIR (Fault Detection, Isolation, and Recovery) systems with critical design review schedules for the end of 2021 in the framework of the ESA Boost! award. Orbex CEO resigned in April 2023 without announcing a permanent replacement. UK government, via ESA, invests $8.4M in carbon-neutral efforts of startup launch operators Orbex and HyImpulse. Orbex raises $20.8 million Series C extension, SpaceNews, 2024-4-19. Orbex Wins New European Framework Deal, 2024-06-05. The Flight Ticket Initiative, a program organized by the European Commission and the European Space Agency (ESA). Rocket company backed by venture capital raises double-digit million sums from fund, 2024-06-12. ESA Awards €44.2M in Funding to Four European Rocket Builders, 2024-11-19. Orbex working towards 2025 first launch, 2024-08-18. Orbex to Begin Development of Medium-sized Launch Vehicle and Switch Launch Operations to SaxaVord Spaceport, 2024-12-04.
Funding	$138M+
Nation	UK
Created	2015
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Last modified: 2024-12-24

What is NewSpace?

NewSpace is a global industry of private companies and entrepreneurs who primarily target commercial customers, are backed by risk capital seeking a return, and seek to profit from innovative products or services developed in or for space.
NewSpace Global, newspaceglobal.com

Alt.space, NewSpace, entrepreneurial space, and other labels have been used to describe approaches to space development that different significantly from that taken by NASA and the mainstream aerospace industry.
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People, businesses and organizations working to open the space frontier to human settlement through economic development.
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