Richard Branson's Virgin Orbit struggled to make a comeback after a failed launch in January. It filed for bankruptcy protection after laying off staff and failing to secure enough funding. Here's ...

Richard Branson’s Virgin Orbit Holdings (VORB.O) filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term funding needed to help it recover from a ...

Virgin Orbit's LauncherOne and Cosmic Girl platform prepare for a launch at Mojave Air and Space Port in California. Credit: Virgin Orbit WASHINGTON — Virgin Orbit is proposing a rapid sale of the ...

Virgin Orbit, a satellite launch and services company, is ceasing operations and laying off staff due to its “inability to secure meaningful funding,” the company said in a filing with the Securities ...

Unlike SpaceX and other competitors, Virgin Orbit uses aircraft to launch its satellite-carrying rockets. [Courtesy: Virgin Orbit] Virgin Orbit Holdings, Inc., the satellite launch and service company ...

Virgin Orbit, Sir Richard Branson’s small satellite launch company, announced today that it has successfully completed a key drop test of its LauncherOne vehicle, the last major step in the ...

Virgin Orbit is laying off about 85% of staff and ceasing operations after failing to secure funding. There isn't much reason for hope that the company can break free of this tailspin. Virgin Orbit is ...

Richard Branson’s Virgin Orbit has filed for bankruptcy in the U.S. after an eleventh-hour scramble to secure further funding failed, the satellite company announced on Tuesday, marking the end of a ...

British billionaire Richard Branson’s wife, Joan Templeman, has died at the age of 80. Branson announced her death on ...

Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company could not secure the long-term funding necessary to recover from a rocket failure ...

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It failed to secure funding to continue operations. The company announced it was laying off 85% of its staff and ceasing operations "for the foreseeable future," CNBC reported last week. Richard ...