Orbex Recognized for Youth Engagement; In Talks to Sell to The Exploration Company
SPACE ECONOMY
Orbex, a Moray-based space company, has been named Employer of the Month by Developing Young Workforce (DYW) Moray for its commitment to youth engagement and STEM education. The company conducts initiatives like the Orbex Water Rocket Challenge to inspire students.
Additionally, Orbex is in negotiations to sell the business to international aerospace firm The Exploration Company (TEC), following a decision to pause development of a commercial spaceport in Sutherland due to shifting priorities. The talks are in early stages, with both parties emphasizing their strategic fit and collaboration with the UK government.

Jan 22, 2026, 5:05 PM