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Omnidea completed its acquisition of Orbex’s UK manufacturing assets, intellectual property and brand on 30 September 2026. The deal gives the Portuguese company a Forres base and capabilities it plans to use in developing a proposed successor to Orbex’s Prime rocket—but it does not guarantee a UK launch, and Omnidea has not announced a launch date or chosen a launch site.
What Omnidea acquired—and what it did not
The asset purchase followed a competitive process run by Orbex’s administrators. European Spaceflight reported that Omnidea submitted its offer in March 2026 and completed the transaction after UK and Danish foreign-investment and export-control approvals. The purchase price was not disclosed.
The acquired package includes two of the three buildings Orbex previously operated in Forres, manufacturing equipment, tools, material stocks, processes, intellectual property, data from UK and Danish operations, and the Orbex brand. The Orbex corporate entities remained in administration; this was an asset acquisition, not a purchase of the companies themselves. Assets at Kinloss and Sutherland were being handled separately. European Spaceflight’s account of the transaction details its scope.
Omnidea said it had ringfenced more than €10 million for integrating the assets, establishing a UK team and building a sustainable Forres operation. That allocation is not the purchase price.
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How Forres is intended to strengthen Omnidea
Omnidea plans to make its Scottish operation a centre for structures development and fabrication, as well as a hub for flight- and ground-system electronics. These capabilities are intended to complement the company’s existing work in propulsion and fluid systems. Former Orbex employees are expected to form the initial core of the UK team, with further recruitment planned as the operation develops, according to Aero Magazine’s report.
Omnidea vice president Sérgio da Cunha Oliveira, who is to lead UK operations, described the intended combination this way: “This acquisition means we can combine deep expertise in structures, electronics and advanced manufacturing with the propulsion and fluid-systems capability we have built up over more than two decades.” This is his statement as reported by Aero Magazine, not an independent assessment of the deal.
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PrimeNEO is a proposal, not a scheduled launch
Omnidea says it is adapting Orbex’s Prime launcher into a proposed vehicle called PrimeNEO, with an emphasis on simplifying the design and improving manufacturability. The company has not announced a first-launch date. Scotland and the Azores are both under consideration as possible launch locations; Omnidea says a decision will come later as development progresses. The asset purchase itself does not transfer a spaceport.
In an interview with ECO, Omnidea chief executive Tiago Pardal said an orbital launcher by 2028 was not expected and described 2035 as “probably more realistic.” Those are interview expectations, not a firm launch schedule. Pardal also said Omnidea expected to begin seeking outside funding in 2028; that is a future fundraising intention, not completed financing. He told ECO: “It would make sense for us to have the capacity to launch our own satellites”. He also said the company first needed to assess the acquired assets, develop a technology roadmap and evaluate financing options. ECO’s interview provides that context.
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What happens to Proxima and programme funding?
Omnidea said it would not continue development of Orbex’s proposed medium-lift Proxima vehicle. It was discussing whether funding associated with Orbex’s European Launcher Challenge proposal could be made available to the new company, but no transfer or award had been confirmed in the transaction reporting. Do not treat that funding as part of the acquired assets or as money already secured.
The UK government’s programme context is separate from Omnidea’s purchase. In a written answer on 2 June 2026, the government said the UK had not withheld European Space Agency funding from Orbex. It said the UK subscribed approximately £162 million to ESA launch programmes in November 2025 and allocated Orbex the maximum possible amount under ESA rules and selection criteria. Further funding required matching private investment, which Orbex was unable to raise. The answer is available from UK Parliament’s written answer HL292.
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- SAFETY FIRST, FUN ALWAYS: Our rockets are designed to be used with the NAR (National Association of Rocketry) model-rocket safety code. Always ensure you have an appropriate launch site, stand back at least 15 ft., insert the safety key, issue a countdown, and then you can let your rocket fly!
- ESTES EDUCATION: Since 1958, Estes has created educational rocket kits designed for an unforgettable launch experience. As a family-owned, US-based company, we offer exciting and engaging STEM products for all interests, skills, and power levels.
What the acquisition means for UK launch ambitions
The UK government said Orbex’s administration did not end the country’s launch ambitions. It said next steps would focus on accelerating launch from Scotland and announced £20 million for Scottish spaceport infrastructure development. That policy support does not establish that PrimeNEO will fly from Scotland, or that a launch will happen on a particular schedule. The government’s position is set out in its Space-Comm Expo 2026 speech.
The clearest near-term change is industrial: Omnidea has acquired a manufacturing and engineering base in Forres and plans to build a UK team around it. Whether that capacity becomes an operational launcher depends on subsequent design, financing and launch-site decisions. The acquisition preserves assets and offers a path to further development; it is not, by itself, a confirmed UK rocket launch.
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