Tag: Copenhagen
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Orbex’s Danish Unit to File for Bankruptcy as Operations Wind Down
Orbex’s Danish subsidiary, Orbital Express Launch ApS, is set to file for bankruptcy after closing its facilities on Jan. 20, resulting in the loss of around 90 jobs, according to people familiar with the matter. UK-based small-launch developer Orbex established the Danish business in October 2016. Based in Copenhagen, Orbital Express Launch ApS supported group-wide…