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Richard Branson's Virgin Orbit prepares for insolvency amid emergency funding requests

Por: Fox Business Business March 20, 2023

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Virgin Group founder says the Russians are no longer fighting hand-to-hand combat, they are now 'leveling cities' on 'The Claman Countdown.' Virgin Orbit is in case it cannot secure emergency funding from investors this week, according to Sky News. The Virgin Group is reportedly working with Ducera and Alvarez & Marsal (A&M) to draw up fallback plans in case funding cannot be secured.Virgin Orbit paused all operations and... + full article



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