#virgin orbit

[probablyasocialecologist]

Virgin Orbit ceases operations months after failure of UK space mission

California-based company will fold after selling off its assets and filing for bankruptcy in the US

The California-based firm, which had already filed for Chapter 11 bankruptcy protection in the United States in early April, has auctioned off its main assets, recovering just over $36m. That figure is barely 1% of the value the company reached in late 2021 on Wall Street, when it was valued at $3.5 billion.

hahahahahaha

[lost-carcosa]

Personally I wouldn’t want to appear in a photo next to bozo johnson either

[elderquintus]

I spent the entire day hyping up for this and then... virgin orbitn't :(

[captawesomesauce]

Had a good day today with my amazing W!

We spent the day at the beach and then came home and caught the Virgin Orbit "Cosmic Girl" 747 landing on what could be its final flight.

[erebusvincent]

Virgin Orbit scrambles to avoid bankruptcy as deal talks continue

Virgin Orbit senior leadership held daily talks with potential investors through the weekend, people familiar with the matter told CNBC.

[gwydionmisha]

Virgin Orbit stock plummets after failure of its first UK rocket launch

Virgin Orbit shares fell after the company confirmed Monday that its first launch out of the United Kingdom failed to reach orbit.

[pavel-nosok]

Max Q: Anomalous

Hello and welcome back to Max Q! Last week wasn’t the most successful for spaceflight missions. We’ll get into that a bit more below. In this issue: First up, a botched launch from Virgin Orbit… …followed by one from ABL Space Systems News from Rocket Lab, World View and more Virgin Orbit’s botched launch highlights shaky financial future After Virgin Orbit’s launch failure last Monday, during…

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[pavel-nosok]

Virgin Orbit says issue with rocket’s second stage led to mission failure

Virgin Orbit says issue with rocket’s second stage led to mission failure

Virgin Orbit, the unconventional rocket company founded by billionaire Sir Richard Branson, said its mission failure earlier this week was due to an anomaly with the rocket’s second stage. Although the LauncherOne rocket managed to reach space and achieve stage separation, the anomaly prematurely terminated the first burn of the upper stage’s engines, at an altitude of around 180 kilometers,…

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