Portugal’s Omnidea Acquires Orbex Assets, Plans PrimeNEO Rocket
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Machine-written summary, checked against the sources below
Portuguese space technology group Omnidea has acquired most of Orbex's intellectual property, UK manufacturing assets, and brand after Orbex collapsed into administration in February. The deal was completed on 30 September, and Omnidea plans to develop an evolution of Orbex's small launch vehicle called PrimeNEO.
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 […] The post Portugal’s Omnidea Acquires Orbex Assets, Plans PrimeNEO Rocket appeared first on European Spaceflight.
Summary by European Spaceflight
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