The European space industry has received a significant boost with the awarding of a substantial contract to Orbex, a leading aerospace manufacturer. The European Space Agency (ESA) has awarded Orbex a contract worth €7.45 million to support the development of its innovative launch technologies. This contract is expected to play a crucial role in enhancing the capabilities of the European space industry, enabling it to compete more effectively in the global market. The funding will be utilized to drive advancements in Orbex's launch vehicle design, manufacturing, and testing processes.

The contract award is a testament to the ESA's commitment to fostering innovation and growth in the European space sector. Orbex will leverage the funding to accelerate the development of its cutting-edge launch technologies, including its Prime launch vehicle. The Prime launch vehicle is designed to be highly efficient and environmentally sustainable, utilizing a novel propulsion system that minimizes waste and reduces the environmental impact of space launches. With this contract, Orbex is poised to make significant strides