Por: New York Daily News World May 25, 2023
Billionaire Richard Branson’s rocket company Virgin Orbit has shut down and sold its assets months after a major mission failure. The end of operations comes less than two months after the company filed for bankruptcy protection and laid off 85% of its workers in early April. Virgin Orbit’s assets were mostly sold to aerospace companies Rocket Lab, Stratolaunch and Vast Space subsidiary Launcher for a combined $36 million. Another six... + full article
Los Angeles Times USA Business May 24, 2023
Stratolaunch and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson that until recently employed nearly 700 people in Southern California. Virgin Orbit will sell its modified... + más
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Fox Business USA Business April 04, 2023
Check out what's clicking on FoxBusiness.com Richard Branson's Virgin Orbit Holdings filed for on Tuesday after the satellite launch company could not secure the long-term funding necessary to recover from a rocket failure from earlier this year. The company's... + más
Billionaire Richard Branson’s Virgin Orbit Files For Bankruptcy After Failed Satellite Launch | Forbes
NBC News USA Science March 31, 2023
Virgin Orbit is ceasing operations “for the foreseeable future” after failing to secure a funding lifeline, CEO Dan Hart told employees during an all-hands meeting on Thursday afternoon, and will layoff about 90% of its workforce. “Unfortunately we’ve not been able to... + más
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Fox Business USA Business March 20, 2023
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... + más
Fox Business USA Tech March 18, 2023
Virgin Orbit CEO Dan Hart discusses the emerging leisure space travel market ahead of Richard Branson flying to space just nine days before Jeff Bezos. Richard Branson's Virgin Orbit paused all operations and furloughed most employees on Wednesday, about two months after... + más
CNBC USA Business March 16, 2023
In this articleRichard Branson's Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019.Mike Blake Reuters is furloughing nearly all... + más
Richard Branson's Virgin Orbit prepares for insolvency amid emergency funding requests | Fox Business
Ars Technica USA Science March 16, 2023
Navigate Filter by topic Settings Front page layout Site theme - Mar 16, 2023 3:20 pm UTC / Virgin Orbit was founded by Sir Richard Branson. Virgin Orbit Share this story It's been a rough first quarter of 2023 for Virgin Orbit, Sir Richard Branson's US-based flagship... + más
Virgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks funding | CNBC
Richard Branson's Virgin Orbit temporarily pausing operations and furloughing most employees | Fox Business
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