Key Takeaways
- The Exploration Company is in talks to acquire Orbex.
- Orbex reportedly faces financial distress.
- Acquisition may provide stability for Orbex.
The Exploration Company is in talks to acquire Orbex, a U.K.-based developer of small launch vehicles. According to SpaceNews, Orbex has faced financial difficulties. The Exploration Company may seek to stabilize Orbex’s operations and integrate its technology into their own portfolio. This acquisition could have implications for the small launch market, but further details are needed to assess the full impact.