British rocket startup Skyrora might buy Orbex assets
The British rocket startup Skyrora, which has been around since 2018 and has yet to complete an orbital launch, today indicated it might buy the remaining assets of the now bankrupt British rocket startup Orbex.
The company, which has a manufacturing facility in Cumbernauld, said its move would ensure Orbex technology and the spaceport remained under UK ownership. It also said its bid would safeguard products that had received public funding.
Skyrora has been making promises for almost a decade with no clear progress. It did two successful suborbital tests in 2020 (here and here), had a failed suborbital test in 2022, and applied for an orbital launch license with Britain’s Civil Aviation Authority (CAA) in January 2024. Not surprisingly, it is unclear whether that license has been approved. The company said last year it wants to do that orbital launch in ’26 from the Saxavord spaceport in the Shetland Islands. That gives the CAA three years to approve the license, which based on that agency’s track record might be enough time to get the job done.
Getting Orbex’s assets might actually be a good thing for Skyrora, which has not been very successful getting anything going with its own engineering. It will still face that odious regulatory regime of the United Kingdom, that has now killed two different rocket startups.
The British rocket startup Skyrora, which has been around since 2018 and has yet to complete an orbital launch, today indicated it might buy the remaining assets of the now bankrupt British rocket startup Orbex.
The company, which has a manufacturing facility in Cumbernauld, said its move would ensure Orbex technology and the spaceport remained under UK ownership. It also said its bid would safeguard products that had received public funding.
Skyrora has been making promises for almost a decade with no clear progress. It did two successful suborbital tests in 2020 (here and here), had a failed suborbital test in 2022, and applied for an orbital launch license with Britain’s Civil Aviation Authority (CAA) in January 2024. Not surprisingly, it is unclear whether that license has been approved. The company said last year it wants to do that orbital launch in ’26 from the Saxavord spaceport in the Shetland Islands. That gives the CAA three years to approve the license, which based on that agency’s track record might be enough time to get the job done.
Getting Orbex’s assets might actually be a good thing for Skyrora, which has not been very successful getting anything going with its own engineering. It will still face that odious regulatory regime of the United Kingdom, that has now killed two different rocket startups.










