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Welcome to Edition 7.29 of the Rocket Report! It may be difficult to believe, but we are already one full month into the new year. It will be hard to top this month in launch, however, given the historic debut of New Glenn, and fiery end of the seventh Starship flight test. And in truth, February does look a bit sleepier in terms of launch.
As always, we welcome reader submissions, and if you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.
UK government injects $25 million into Orbex. As some European launch companies have struggled to raise funding, the United Kingdom government stepped up to make a significant investment in the Scotland-based launch firm Orbex, The Financial Times reports. As part of the company's latest fundraising round, valued at $50 million (GBP 40 million), the UK government will become a shareholder in Orbex. The company is working to develop both a small- and medium-lift rocket. Phil Chambers, Orbex's chief executive, said the UK support would be "a strong signal to other private investors, and to the European Space Agency and the EU, that we’re serious about being a part of the future of European launch."
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As always, we welcome reader submissions, and if you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.
UK government injects $25 million into Orbex. As some European launch companies have struggled to raise funding, the United Kingdom government stepped up to make a significant investment in the Scotland-based launch firm Orbex, The Financial Times reports. As part of the company's latest fundraising round, valued at $50 million (GBP 40 million), the UK government will become a shareholder in Orbex. The company is working to develop both a small- and medium-lift rocket. Phil Chambers, Orbex's chief executive, said the UK support would be "a strong signal to other private investors, and to the European Space Agency and the EU, that we’re serious about being a part of the future of European launch."
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