ESA awards UK’s Orbex 7.45 million euros to fund rocket development
Capitalism in space: The European Space Agency (ESA) has awarded the new United Kingdom smallsat launch company Orbex 7.45 million euros to help fund the development of its Prime rocket.
This will supplement the 4.7 million euros that Orbex has raised from private capital.
The funds from the award will go towards the completion of spaceflight systems in preparation for the first launches of Orbex’s 19-metre ‘microlauncher’ rocket, Prime. €11.25 million of the total funding will be assigned to work undertaken in the UK, in particular the lightweight avionics designed in-house by Orbex in Forres, and the guidance, navigation and control (GNC) software subsystem being designed by Elecnor Deimos, a strategic investor and partner of Orbex. The remaining €900,000 of the total funding package will support the development of the GNC for the orbital phase being developed by Elecnor Deimos for Orbex in Portugal.
If all goes right, Prime will make its first launch from Sutherland, Scotland, in ’22.
The contract award signals the shift at ESA that resembles what happened at NASA in the past decade, moving from designing and building its rockets and spacecraft to buying the product from private companies. While ESA might be providing a large bulk of the capital to develop Prime, it appears ESA is not involving itself heavily in the development itself, leaving that instead to the company.
Capitalism in space: The European Space Agency (ESA) has awarded the new United Kingdom smallsat launch company Orbex 7.45 million euros to help fund the development of its Prime rocket.
This will supplement the 4.7 million euros that Orbex has raised from private capital.
The funds from the award will go towards the completion of spaceflight systems in preparation for the first launches of Orbex’s 19-metre ‘microlauncher’ rocket, Prime. €11.25 million of the total funding will be assigned to work undertaken in the UK, in particular the lightweight avionics designed in-house by Orbex in Forres, and the guidance, navigation and control (GNC) software subsystem being designed by Elecnor Deimos, a strategic investor and partner of Orbex. The remaining €900,000 of the total funding package will support the development of the GNC for the orbital phase being developed by Elecnor Deimos for Orbex in Portugal.
If all goes right, Prime will make its first launch from Sutherland, Scotland, in ’22.
The contract award signals the shift at ESA that resembles what happened at NASA in the past decade, moving from designing and building its rockets and spacecraft to buying the product from private companies. While ESA might be providing a large bulk of the capital to develop Prime, it appears ESA is not involving itself heavily in the development itself, leaving that instead to the company.