Orbex

Administrators handling the sale of collapsed Scottish rocket manufacturer Orbex have received 15 offers for parts of the business and its assets. Summary of transaction details: Value: Unknown Sector: Industrials & Energy Advisor: FRP Advisory Key Entities: Orbex, FRP Advisory Location: Scotland Note: The sale process is being managed by FRP Advisory, which is working to secure a suitable buyer for the business, highlighting the ongoing demand for assets in the industrials and energy sector.

Acquirer: The Exploration Company

The Exploration Company has entered into exclusive discussions to acquire Orbex, a British space launch manufacturer. Summary of transaction details: Value: N/A Sector: Aerospace & Defense Advisor: N/A Key Entities: The Exploration Company, Orbex Location: United Kingdom Note: The acquisition would position The Exploration Company as one of the few European players to combine reusable space vehicles and launch capability, aligning with global market trends.

Investor: UK Government

Investor: Export and Investment Fund of Denmark, Business Growth Fund, Scottish National Investment Bank, Heartcore Capital, Octopus Ventures

Investor: European Space Agency

Investor: Phillip and James Chambers, BGF, Jacobs, Octopus Ventures, The Scottish National Investment Bank, Verve Ventures, High-Tech Gründerfonds (HTGF), Heartcore Capital, The Danish Green Future Fund

Investor: Octopus Ventures, High-Tech Gründerfonds, Elecnor S.A., Heartcore Capital, BGF

Investor: the UK Space Agency (UKSA), the European Space Agency (ESA) and the European Commission Horizon 2020 programme, Sunstone Capital and High-Tech Gründerfonds, as well as strategic investor Elecnor Deimos Space