Rocket Report: Neutron’s Hungry Hippo is deemed ready, whither Orbex?

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Orbex not in prime position … Those companies were chosen in July based on technical and business maturity, and each could receive up to 169 million euros. They were: Isar Aerospace, MaiaSpace, Orbex, PLD Space, and Rocket Factory Augsburg (RFA). Isar, MaiaSpace, PLD Space, and RFA each received at least 169 million euros, while Orbex received just 34.9 million euros. The UK left 112.3 million euros unallocated, a move that puzzled many industry observers. “We are working with…



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Rocket Report: Neutron’s Hungry Hippo is deemed ready, whither Orbex?


Orbex not in prime position … Those companies were chosen in July based on technical and business maturity, and each could receive up to 169 million euros. They were: Isar Aerospace, MaiaSpace, Orbex, PLD Space, and Rocket Factory Augsburg (RFA). Isar, MaiaSpace, PLD Space, and RFA each received at least 169 million euros, while Orbex received just 34.9 million euros. The UK left 112.3 million euros unallocated, a move that puzzled many industry observers. “We are working with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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