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Virgin Orbit to find buyer under Chapter 11 protection

Virgin Orbit to find buyer under Chapter 11 protection

by Victoria Tozer-Pennington | Flight, Space

Space launch provider, Virgin Orbit Holdings its US subsidiaries has filed a voluntary proceeding under Chapter 11 of the US Bankruptcy Code in the United States Bankruptcy Court in the District of Delaware in order to effectuate a sale of the business. With the...
SatRev and Virgin Orbit extend satellite launch deal

SatRev and Virgin Orbit extend satellite launch deal

by Victoria Tozer-Pennington | Space

Virgin Orbit and Poland-based satellite manufacturer SatRev have announced a follow-on launch services agreement for the latter’s satellites. The deal gives SatRev “the flexibility to launch 500 kg over multiple launches to a variety of different orbital...
Virgin Orbit to list on Nasdaq

Virgin Orbit to list on Nasdaq

by Victoria Tozer-Pennington | Editorial Comment, Space

Virgin Orbit, the responsive launch and space solutions company, through its parent company Vieco USA, and NextGen Acquisition Corp. II (NextGen), a special purpose acquisition company, have entered into a definitive merger agreement under which Virgin Orbit will...

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