Discussions are taking place to sell off various parts of a collapsed rockets manufacturer, according to the firm handling the sale.
Moray-based Orbex was placed into administration earlier this year with the loss of more than 150 jobs.
Administrators FRP Advisory said there had been a “high level” of interest from buyers, with 15 offers received for parts of the business and its assets.
FRP said one bidder was given a short period of exclusivity to explore a bid and paid a £25,000 deposit, but that period had now lapsed.