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Orbex Receives Funding for Green Propulsion Excellence Center

Space rocket manufacturer Orbex, with design and production facilities in Hvidovre, has received an investment of DKK 23.7 million (3.4 million USD) from Innovation Fund Denmark. The Company will consequently leverage the funding to establish a 'Green Propulsion Excellence Center' at the site in the Copenhagen suburb, where Orbex will design, produce and test green propulsion systems for Orbex's Prime rocket, which will send satellites into orbit around the Earth.