Relativity’s first 3D-printed rocket launches successfully but fails to reach orbit

[ad_1] The company’s Terran 1 rocket lifts off from LC-16 at Cape Canaveral, Florida. Relativity Space Relativity Space, a 3D-printing specialist, launched the inaugural flight of its Terran 1 rocket…

Virgin Orbit returning ‘small’ team from unpaid pause on Thursday to prep for next rocket launch

[ad_1] Virgin Orbit flew its modified Boeing 747 airplane “Cosmic Girl” with the company’s LauncherOne rocket under its wing for the first time on November 18, 2018. Virgin Orbit Virgin…

Relativity Space Launches Its First 3D-Printed Rocket, But Fails To Reach Orbit

[ad_1] Relativity’s Terran 1 rocket on the launch pad. Relativity Space On Wednesday, startup Relativity Space successfully launched its Terran 1 rocket from its launch complex at Cape Canaveral, Florida,…

Virgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as Thursday

[ad_1] A general view of Cosmic Girl, a repurposed Boeing 747 aircraft carrying the LauncherOne rocket under its left wing, as final preparations are made at Cornwall Airport Newquay on…

Virgin Orbit to Resume Operations as Funding Search Continues

[ad_1] The satellite company is bringing back staff and resuming work on preparing for its next launch after halting operations last week. [ad_2] Source link

Virgin Orbit scrambles to avoid bankruptcy as deal talks continue

[ad_1] Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Virgin Orbit is scrambling to secure a funding lifeline and avoid bankruptcy, which could…

Virgin Orbit plans for insolvency amid rescue talks with investors

[ad_1] The commercial space satellite company set up by Sir Richard Branson’s Virgin Group is working with Alvarez & Marsal and Ducera as it seeks emergency funding, Sky News learns.…

Virgin Orbit, Richard Branson’s Satellite-Launch Venture, Has Fallen Fast

[ad_1] A once-hot smaller player in an industry dominated by Elon Musk’s SpaceX, the company is now looking for a bailout. [ad_2] Source link

Virgin Orbit Pausing All Work, Reportedly Furloughs Staff

[ad_1] LONDON (AP) — Virgin Orbit said Thursday it is pausing all operations amid reports that the company is furloughing almost all its staff as part of a bid to…

Virgin Orbit halts operations with almost all staff set to be furloughed

[ad_1] The furlough is intended to buy the company time to finalise a new investment plan, according to a source – after Virgin Orbit’s first satellite mission from UK soil…