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# Orbex signs letter of intent for possible sale to The Exploration Company
- URL: https://sovereigntymonitor.eu/news/2026-01-21-exploration-company-orbex-letter-of-intent/
- Published: 2026-01-21T12:00:00.000Z
- Updated: 2026-09-18T13:56:41.000Z
- Description: UK small launch vehicle maker Orbex signed a non-binding letter of intent with Munich based The Exploration Company to explore an acquisition, opening exclusive talks after Orbex's Series D fundraising stalled.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, Defence and space, #news, #reported, #editor-read

Reported Editor-read [SpaceNews, 21 January 2026](https://spacenews.com/the-exploration-company-in-talks-to-acquire-orbex/?ref=sovereigntymonitor.eu)

**What it does not test.** Does not establish that any acquisition will complete, or on what terms.

**How this item counts.** No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0\. Non-binding LOI only; no acquisition agreed, ownership unchanged. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-09-17\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)