How Virgin Orbit Went Bankrupt
Virgin Orbit has set a deadline of May 14 for bids on its business, the bankrupt rocket-maker said in a court filing this week. Astronomers Could Soon Get Warnings When…
Richard Branson’s Space Venture Has Officially Crashed and Burned
Virgin Investments Limited pumped $55 million into Virgin Orbit across three cash injections since November 2022, according to an SEC filing in February.Image: Virgin Orbit Houston, Virgin Orbit has a…
The Past Four Months Have Been Rough on Rockets—Especially New Ones
RS-1 engines engaged.Photo: ABL Space Systems Approximately 5,200 gallons of Jet Fuel A—a kerosene-based fuel—spilled onto the surrounding environment, in addition to hydraulic, mineral, and lubricating oils, ash, burned batteries,…
Virgin Orbit Reportedly Preparing for Insolvency in Wake of Rocket Failure
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. CC Off English The…
Virgin Orbit in final prep for its first night-time rocket launch
Virgin Orbit is gearing up for Wednesday’s Straight Up mission as it seeks to take on the likes of SpaceX and Rocket Lab for small-satellite deployments.
Watch Virgin Orbit fire a rocket from a plane in first successful space trip
Virgin Orbit has released a dramatic video showing the start of Sunday’s successful space mission that involved firing a rocket from a modified Boeing 747 jet.