Orbex has delayed its first orbital launch until 2026 because of infrastructure challenges and operational bottlenecks at SaxaVord Spaceport, Scotland. The company's CEO, Miguel Bello Mora, indicated that the Prime rocket launch is now scheduled for next year. Despite being in operation for a decade, Orbex has produced minimal hardware, raising doubts about its upcoming launch capabilities. Additionally, the company is seeking 120 million pounds ($163 million) from private investors in the next four years to support its goals.
Orbex, a launch services company based in the United Kingdom, has announced the postponement of its first orbital launch to 2026 due to infrastructure limitations and other issues.
At the Paris Air Show at Le Bourget, Orbex chief executive Miguel Bello Mora announced that the company is now targeting next year for the liftoff of its Prime rocket from SaxaVord in Scotland.
Orbex needs to raise a further 120 million pounds ($163 million) from private investors over the next four years to realize its ambitions.
The company is now a decade old and has shown off relatively little hardware, making it difficult to believe Orbex will launch anytime soon.
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