Virgin Orbit
The Latest
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Virgin Orbit Seeks Chapter 11 Protection, Plans Asset Sale
Virgin Orbit has filed for Chapter 11 bankruptcy protection in the United States as it struggles to secure additional funding. The satellite launch firm submitted the filing to the U.S. Bankruptcy Court in the District of Delaware and intends to sell its assets. Virgin Orbit has filed for Chapter 11 bankruptcy protection in the United States as it struggles to secure additional funding. The satellite launch firm submitted the filing to the U.S. Bankruptcy Court in the District of Delaware and intends to sell its assets. -
Virgin Orbit Shuts Down Operations as Funding Dries Up, Resulting in Massive Layoffs
Virgin Orbit is halting operations indefinitely due to a failure to secure crucial funding, CEO Dan Hart announced during a company-wide meeting on Thursday. The company will be laying off almost its entire workforce as a result. Virgin Orbit is halting operations indefinitely due to a failure to secure crucial funding, CEO Dan Hart announced during a company-wide meeting on Thursday. The company will be laying off almost its entire workforce as a result. -
Virgin Orbit To Perform First-Ever Flight From U.K. Soil Following Successful U.S. Launches
The mission will launch a satellite for Space Forge, an in-space manufacturing startup based in Wales. The mission will launch a satellite for Space Forge, an in-space manufacturing startup based in Wales. -
Richard Branson’s Virgin Orbit Targets $1 Billion Valuation To Kick-Start Satellite Delivery
The Richard Branson-led company and the broader commercial space aviation sector have struggled from the world health emergency. The Richard Branson-led company and the broader commercial space aviation sector have struggled from the world health emergency. -
1st Air Launch to Orbit Flight For virgin Orbit Fails
An unknown anomaly leads to the failure of the first flight of the LauncherOne rocket, which was launched mid-air from a modified Boeing 747. An unknown anomaly leads to the failure of the first flight of the LauncherOne rocket, which was launched mid-air from a modified Boeing 747. -
Virgin Orbit Plans To Open Opportunity Into Interplanetary Solar System Exploration; Plans To Go To Mars in 2022
Virgin Orbit has set its eyes on reaching Mars by 2022, as its first-ever commercial small satellite project. Virgin Orbit has set its eyes on reaching Mars by 2022, as its first-ever commercial small satellite project. -
UK Aims To Lead ‘Horizontal Spaceflight’ Race
Horizontal spaceflight is the name of the game for the UK. Horizontal spaceflight is the name of the game for the UK.