Virgin Orbit was a promising company that could never find a working business model

[ad_1] Virgin Orbit started as a program of Richard Branson’s Virgin Galactic in 2012, before being spun off into a separate company five years later. In the private space race,…

Virgin Orbit Shares Drop After Nasdaq’s Delisting Notice

[ad_1] Shares of Virgin Orbit Holdings Inc. on Monday fell 19% to about 13 cents each in after-hours trading following news of the company’s delisting notice from the Nasdaq Stock…

Virgin Orbit bankruptcy casts shadow over Japan’s space dreams

[ad_1] The bankruptcy filing by Richard Branson’s Virgin Orbit Holdings Inc has dealt a blow to Japan’s hopes of building a domestic space industry, with plans for a Kyushu-based spaceport…

Virgin Orbit COO calls out company leadership for failures in goodbye memo. Read the full email

[ad_1] The modified 747 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit With Virgin Orbit…

Virgin Orbit files for Chapter 11 bankruptcy protection in the U.S.

[ad_1] The company’s modified 747 jet “Cosmic Girl” in Mojave, California. Virgin Orbit Virgin Orbit on Tuesday filed for Chapter 11 bankruptcy protection in the U.S. after failing to secure…

Here’s what went wrong with Virgin Orbit

[ad_1] Virgin Orbit crew poses at the opening bell ceremony as a 70 foot model rocket with satellites is placed in front of the NASDAQ in Times Square of New…

Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce

[ad_1] The company’s 747 jet “Cosmic Girl” releases a LauncherOne rocket in mid-air for the first time during a drop test in July 2019. Greg Robinson / Virgin Orbit Virgin…

Virgin Orbit extends unpaid pause as Brown deal collapses, ‘dynamic’ talks continue

[ad_1] NEWQUAY, ENGLAND – JANUARY 09: A general view of Cosmic Girl, a Boeing 747-400 aircraft carrying the LauncherOne rocket under its left wing, as final preparations are made at…

Tottering Virgin space business receives $200 million from investor

[ad_1] Virgin Orbit is nearing a $200-million investment deal from Texas-based venture capital investor Matthew Brown, through a private share placement Virgin said that it would resume operations on 23rd…

Investing in Space: The latecomer

[ad_1] Texas-based investor Matthew Brown speaks to “Worldwide Exchange” on Mar. 23, 2023. CNBC CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered…