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Virgin Orbit said the bid does not prevent going concern bidders from making bids for all its assets, including the ones which Stratolaunch is bidding for. ....
Oita prefecture, home to Japan's largest number of hot springs, partnered with Virgin Orbit in 2020 to create its first Asian spaceport at Oita Airport using a Boeing 747 for horizontal rocket launches. ....
Virgin Orbit’s departing chief operating officer Tony Gingiss apologised to employees in his goodbye letter while calling out the company’s leadership ....
The California-based company lodged the filing in the US Bankruptcy Court for the District of Delaware seeking a sale of its assets after announcing the layoff of roughly 85% of its 750 employees last week. ....