Project Puffin Financial Due Diligence
Buyer: UK Space Agency
- Published
- 29 July 2025
- Estimated value
- £135,000
- Place of performance
- UK
- Procedure
- Direct award
- Lots
- 1
- Notice number
- 043897-2025
- Reference
- ocds-h6vhtk-056827
- Official source
- Official source
CPV codes
- 66171000Financial consultancy services
Description
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.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| PRICEWATERHOUSECOOPERS LLP | £135,000 | — |
Official publications
- FTS · 043897-2025 · 29 July 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £135,000.
- Who is the buyer of this tender?
- The contracting authority is UK Space Agency (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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