Aerospace spinoff Virgin Orbit recently shut down, ending six years of operation after failing to secure a funding lifeline.
Virgin Orbit has shut down its operations following the disposal of its assets and equipment to a trio of aerospace...
When Virgin Orbit went public, its valuation was pegged at around $4 billion, however, the tides have shifted over the past few months with the company’s market capitalization now pegged at around $65.38 million.
Satellite launcher and space technology...
News of the operations halt, failed funding, and job cuts did not sit well with shareholders as Virgin Orbit saw its shares are down 50% after the announcement.
Aircraft engineering company Virgin Orbit Holdings Inc (NASDAQ: VORB) has revealed...
Virgin Orbit stock is up over 73% in the pre-market while yesterday it closed down almost 15%.
Aircraft engineering company Virgin Orbit (NASDAQ: VORB) is about to close a deal with venture capital investor Matthew Brown. Reuters reported the...
Sources familiar with the matter said that if Virgin Orbit fails to strike a deal this week, it’s preparing for restructuring in the case of insolvency.
As per the latest development, Richard Branson‘s Virgin Orbit might slip into...
As a company, Virgin Orbit has a very definitive goal, and that’s to deliver small commercial satellites to Earth’s orbit.
Space technology company Virgin Orbit Holdings Inc (NASDAQ: VORB) is facing one of the toughest financial strains in...
As of the end of Q3, Virgin Orbit has $71.2 million in cash and $30.9 million in revenue.
Shares of aircraft engineering company Virgin Orbit Holdings Inc (NASDAQ: VORB) dropped by 33% in extended trading as the company...
