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Orbex Financial Due Diligence

UK Space Agency

Buyer Contact Info

Buyer Name: UK Space Agency

Buyer Address: Quad Two Building 1st Floor, Rutherford Avenue, Harwell Science and Innovation Campus, Didcot, UKJ14, OX11 0DF, United Kingdom

Contact Email: commercial@ukspaceagency.gov.uk

Status
complete
Procedure
direct
Value
105000.0 GBP
Published
10 Sep 2025, 08:21
Deadline
n/a
Contract Start
14 Aug 2025, 23:00
Contract End
31 Oct 2025, 23:59
Category
n/a
CPV
66171000 - Financial consultancy services
Region
n/a
Awarded To
PRICEWATERHOUSECOOPERS LLP
Official Source
Open 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 investment to understand the company's current financial health including long term viability, business, expenditure and investment plans, risks to successful completion of vehicle and service development, demonstration and reaching commercialisation.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot 1 Status: complete

Raw Notice JSON

Expand raw payload
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    "title": "Orbex Financial Due Diligence"
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}