Orbex Space
Orbex develops small satellite launch vehicles featuring 3D printed rocket engines and eco-friendly propellants.
- CEO / Founder
- Phil Chambers
- Team Size
- 51-200
- Stage
- Active
- Total Funding
- $158M
- Latest Round
- Series D
- Key Investors
- Scottish National Investment Bank, Octopus Ventures, BGF, HTGF, Heartcore Capital, Elecnor S.A.
Technology & Products
Key Products
Prime Launch Vehicle (3D printed engines), Sutherland Spaceport launch services
Technological Advantage
3D printed combustion chamber reduces weight and enables complex cooling channels impossible to machine
Differentiation
Value Proposition
Prime rocket enables cost-effective small satellite launches from European soil using sustainable propellants.
How They Differentiate
European launch capability; eco-friendly propellants; 3D printed engine technology
Market & Competition
Target Customers
Small satellite operators, space agencies, constellation companies
Industry Verticals
Space Launch, Satellite Deployment, Aerospace
Competitors
Rocket Lab, Relativity Space, Firefly Aerospace
Growth & Milestones
Growth Metrics
$158M total funding raised over 16 rounds; 56 employees (Dec 2024, down 67% from 2023 due to restructuring); £102M raised since 2015
Major Milestones
2015: Founded in London by Chris Larmour and Kristian von Bengtson; Commissioned largest industrial 3D printer in Europe from AMCM; Partnership with SLM Solutions for 3D printed rocket engines; 2023-04: Founder Chris Larmour departed; 2024-01: Phil Chambers appointed as CEO; 2024-04: Secured £16.7M additional funding; 2024-12: Starting development of medium-sized launch vehicle, operations moving to SaxaVord
Notable Customers
Small satellite operators seeking UK/European launch capability