Painting-style illustration: the Orbex Prime prototype standing next to its tower on a launch platform in front of a pine forest, under an indigo and dusty rose sky with white speckles.
Space Companies

2026 Update on Orbex

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Orbex entered administration in February 2026 after raising GBP 138.5 million, of which GBP 76.7 million was public money, and never launching. Omnidea bought the Forres assets in September 2026.

Azad Dreamer rocket leaving the rail on Karman X1 at Etlaq Spaceport, Duqm
Space Port

Etlaq Spaceport

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Etlaq Spaceport in Duqm is Oman’s commercial launch site under NASCOM. Ownership, Duqm-1, Karman X1, PLD and Latitude instruments, CAD 5-01, and how Duqm sits next to Andøya, SaxaVord and Kourou.

Painting-style illustration of a slender two-tone microlauncher on a launch pad with service structure.
Space Companies

2026 Update on Latitude

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2026 update on Latitude: still no flight, Series B EUR 27 million, Oman Etlaq LoI for an experimental late-2027 inaugural that we treat as optimistic, and no ESA European Launcher Challenge shortlist.

Painting-style illustration: the RFA ONE rocket standing on its launch pad beside a service tower on a coastal headland
Space Companies

2026 Update on Rocket Factory Augsburg

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RFA One has not flown as of October 2026. After the August 2024 stage loss and a cancelled summer 2026 SaxaVord window, ESA signed a EUR 186.9 million Launcher Challenge contract. KKR’s EUR 30 million convertible and filed headcount round out the update.

Painting-style illustration: HyImpulse SR75-1 rocket lifting off from Southern Launch’s Koonibba Test Range with exhaust plume and dust cloud.
Space Companies

2026 Update on HyImpulse

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HyImpulse flew SR75-1 on 3 May 2024, secured a UK CAA operator licence for SaxaVord (Sep 2026), raised a Series A and a Series A Extension above EUR 50 million equity, and targets spring 2027 for the next Europe flight.

Painting-style illustration: rocket stages and fairing halves on cradles in PLD Space's integration hall
Space Companies

PLD Space

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PLD Space (Payload Aerospace, S.A.) has not reached orbit as of October 2026. Its accounts moved the first launch year from 2019 to 2026 without writing down EUR 89 million of development, while 2025 sales were EUR 0.65 million.

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