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Virgin Orbit was a company within the Virgin Group that provided launch services for small satellites. The company was formed in 2017 as a spin-off of Richard Branson's Virgin Galactic space tourism venture to develop and market the LauncherOne rocket, which had previously been a project under Virgin Galactic.
May 24, 2023 · Sir Richard Branson's rocket company Virgin Orbit has shut down, just months after a major mission failure. It comes weeks after the firm set up to launch satellites paused operations to try...
- Peter Hoskins
May 24, 2023 · Virgin Orbit, the beleaguered satellite launch company that filed for bankruptcy close to two months ago, said it has agreed to sell key assets worth over $35 million to three aerospace...
Apr 5, 2023 · After furloughing staff in mid-March while seeking new investment, Virgin Orbit culled 675 employees last week – 85 per cent of its workforce – and has now filed for bankruptcy. In fact, many...
May 24, 2023 · Richard Branson's Virgin Orbit has announced it will be shutting down. It comes a few months after a space mission ended in disappointment, when a rocket carrying the first satellites launched from the UK failed to reach orbit and was lost. On Tuesday, the firm revealed it was closing down after its assets were sold for $36.4m (£29 million).
Aug 23, 2021 · 23 August 2021. Virgin Orbit has announced it will become a publicly traded company. We've launched rockets to space from the wing of a jet. We've delivered commercial, civil, & nat'l security satellites to their target orbits from the end of a runway. And we're just getting started.
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Jun 30, 2021 · Virgin Orbit, the sister company of billionaire Richard Branson’s space tourism firm Virgin Galactic, calls the mission “Tubular Bells: Part One,” marking its third flight since May 2020 and...
