VIRGIN ORBIT, INC - Court Approves Process for Sale of the Company's Assets
A federal bankruptcy court approved bidding procedures for the sale of Virgin Orbit’s assets. Bidders have until May 4 to submit indications of...
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First UK Mission’s Root Cause Was a Dislodged Fuel Filter; Space Is Hard
Virgin Orbit’s first international launch, after four 100% successful commercial ones, failed to deliver its payload because an in-line fuel filter...
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First UK Mission’s Second Stage Has Anomaly; Payload Does Not Reach Orbit
KEY POINTS While reaching space Virgin Orbit’s first international and fifth commercial launch failed to deliver its payload. Cosmic Girl, the...
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UK Issues Final Approval for Cornwall Launch, Likely in January
KEY POINTS On December 21, the UK Civil Aviation Authority (CAA) issued launch and range licenses to Virgin Orbit for its “Start Me Up” mission,...
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3Q22 Record Revenue; Significant International Launches Coming and 2x Launch Rate Expected in 2023
KEY POINTS Virgin Orbit reported record revenue of $31 million in 3Q22. CEO Dan Hart highlighted the company’s international business ramp,...
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