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Trinity

ClosedUnited Kingdom

Orbex Financial Due Diligence

Bids closed on 8 October 2026. The page stays for reference; similar open tenders are below.

Key facts

Country
United Kingdom
Region
UKJ14
Estimated value
not stated
Procedure
Below threshold - without competition
Published
Source
UK Find a Tender

Description

This relates to previous notice : ocds-h6vhtk-056827 The Notice linking has not been done as between contract award notice being published and contract signature there was a reduction in overall contract value brining the value of the agreement below the relevant threshold. In 2024 HMG provided a £20m investment as a convertible loan note to Orbex. The investment was provided to enable the company to develop their small-lift launch vehicle Prime and prepare their bid for ESA's European Launcher Challenge (ELC). HMG wishes to update the financial due diligence given progress following that…

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