UK space firm Skyrora explores buying assets of struggling rival Orbex

London (AFP) Feb 12, 2026

British company Skyrora, which designs and builds rockets to carry small satellites into space, announced Thursday it could acquire "select" assets from its stricken rival Orbex, including its spaceport in Scotland.

The move by Skyrora, based in the Scottish city Glasgow, comes the day after Orbex revealed it was in the process of appointing administrators after "fundraising, merger and acq