Skyrora will be relocating its base from St. Colme Street to Princes Street, situated at the centre of Edinburgh.

The company’s decision to sign a five-year lease on the premises has been heralded by the leader of the city council as further proof of the city’s attraction to innovating tech firms. In the coming weeks, Skyrora will make the move to its new 2008 sq ft office space at 108 Princes Street.

City of Edinburgh Council leader, Adam McVey, said: “It’s fantastic for the capital to have a business like Skyrora opt to commit its HQ here. As the only UK-headquartered launch provider competing to send rockets into orbit from a forthcoming UK spaceport, it is a truly exciting enterprise that will draw in lots of interest in the coming years.

“This is yet another great business providing opportunities for skilled graduates and apprentices in crucial science and tech subjects. I wish them all the best for their office move and their continued success.”

Room for Growth and Expansion

Daniel Smith, director of business development at Skyrora, said: “Edinburgh is a positive tech-hub that is drawing some of the best STEM talent in the UK.

“From here we can easily reach a number of top universities, the thriving satellite tech firms in Glasgow, as well as potential future launch sites in the north of the country – and, of course, the rest of the world from the airport.

“Our new premises will also allow us to continue growing a multi-talented team, which will yield some amazing opportunities and include some of the UK’s first true rocket-apprenticeships and graduate placements.”

This move follows on from Skyrora’s recent acquisition of the FARISpace Project, which brings the company closer to its goal of achieving the UK’s first totally private space launch. The company has confirmed that it is already working on setting a launch date and location.