Portugal’s Omnidea Acquires Orbex Assets, Plans PrimeNEO Rocket

Portuguese space technology group Omnidea has acquired most of Orbex’s intellectual property and UK assets after the rocket builder collapsed into administration in February. Omnidea plans to develop an evolution of Orbex’s small launch vehicle called PrimeNEO. Omnidea completed the acquisition of Orbex’s UK manufacturing assets, intellectual property and brand on 30 September. The company […]