Private launch company Virgin Orbit is still seeking new funding to help resume its operations after deal negotiations reportedly failed over the weekend.Read more…
Things may be looking up for Richard Branson’s private launch business Virgin Orbit, with reports suggesting the company may have secured new funding and is preparing for an upcoming rocket launch.Read more…
Richard Branson’s private space venture Virgin Orbit is reportedly planning for insolvency in the event it’s not able to secure new funding, according to Sky News.Read more…
Venture-backed rocket makers recently spent an anxious weekend waiting on the outcome of Silicon Valley Bank’s failure, but their latest troubles have no connection to the lender’s collapse.Read more…
A Virgin Galactic stockholder is taking the company’s execs to task, saying their penchant for covering up major failures encountered during tests of its Unity spaceplane have tanked investors’ chances of winning big in the commercial space race.Read m…
Virgin Galactic’s carrier aircraft VMS Eve took to the California skies yesterday for an important two-and-a-half-hour flight test. It’s the latest sign that the Richard Branson-founded company is preparing to resume suborbital flights. Read more…
Last month, Virgin Orbit ran into trouble when its LauncherOne rocket crashed, destroying seven payloads on board in an attempt to deploy satellites in low Earth orbit. Now, the company suspects that the cause of the anomaly could have been a pesky fil…
Virgin Investments Limited has pumped $55 million into Virgin Orbit since November of last year, in what is a troubling sign for the fledgling satellite launch company.Read more…
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