TAMPA, Fla. — Skyrora has become the first British company to secure a launch license from the U.K.’s Civil Aviation Authority (CAA), though a lack of available launch pads could push its first suborbital flight from SaxaVord Spaceport into 2026.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...