Orbex is developing Prime, a micro-launcher designed for dedicated small satellite launches from the UK's SaxaVord Spaceport in Shetland. Prime uses bio-propane fuel and features a 3D-printed combustion chamber, targeting the European smallsat launch market.
| Round | Amount | Valuation | Lead Investors | Date |
|---|---|---|---|---|
| Series C | $30M | ~$150M | Scottish National Investment Bank | Jun 1, 2024 |