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The National (Scotland)
The National (Scotland)
National
[email protected] | Laura Pollock

Collapsed Scottish space company gets lifeline after asset sale and jobs saved

Sérgio da Cunha Oliveira, Omnidea's vice president, said the purchase would help the company expand its presence in the UK (Image: Orbex)

A PORTUGUESE space technology company has bought key assets belonging to collapsed Scottish rocket firm Orbex and plans to create a new base in Moray.

Omnidea has acquired Orbex's manufacturing assets and intellectual property, and will operate from the company's former facility in Forres. The move will see a number of former Orbex staff join the business, with more jobs expected to follow as the operation grows.

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